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Sustainability, one of the drivers in ASSA ABLOY's value chain

Sustainability, one of the drivers in ASSA ABLOY's value chain

Sustainability is an integral part of ASSA ABLOY's strategic objectives. "Our business strategy is our sustainability strategy. As the world leader in access solutions, we ensure sustainable products through a combination of targeted initiatives and continuous improvements. We have also established a sustainability program, including our broader ambitions to 2050." 

Less energy, less water, less waste

Last year ASSA ABLOY again made significant strides in the field of sustainability. For example, by the end of 2022, the Group had no fewer than 299 verified and published Environmental Product Declarations (EPDs). Furthermore, total greenhouse gas emissions decreased by 6% and energy intensity decreased by 15% compared to 2021. Other highlights from 2022 include the decrease in water intensity by 20% and waste intensity by 14%. All positive developments that are the direct result of targeted actions by various committed teams in the group.

Toward a sustainable future

Nico Delvaux, President and CEO of ASSA ABLOY said, "We are making solid progress on our sustainability journey, but also recognize that we still need to make further efforts. Our long-term commitment to science-based goals demonstrates our ambition to lead this industry into a more sustainable future. This will make us even more relevant to our customers, improve our efficiency and profitability, attract and retain talent, and sharpen our competitiveness with sustainable products."

Sustainability Report 2022

For the second year in a row, ASSA ABLOY was included in the Dow Jones Sustainability Index Europe. This international gauge benchmarks the sustainability performance of leading companies. In addition, the Science Based Targets initiative endorsed the company's goals to reduce greenhouse gas emissions by 50% by 2030 and to achieve net zero by 2050 at the latest. Wondering exactly what progress ASSA ABLOY made in 2022 and what ambitions they have for the future? Check out the Sustainability Report 2022 here.

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