CEO Peter Nilsson (from Annual Report 2023):
"Sustainability is an ongoing and natural focus area for us, and we strive to work with it because it gives us a clear advantage. I speak about Trelleborg’s strengthened sustainability profile with pride when I present our future and how we are planning to
increase our profitability with a less cyclical business."
Environment 2023
Climate
Focus and target: Trelleborg presented new climate targets in 2023 for the period extending to 2030, following dialog with the Science Based Targets initiative. These targets also address Scope 3 emissions across the value chain.
Outcome 2023: Both in total and relative to sales, CO2 emissions from continuing operations fell in 2023, which is primarily attributable to the ongoing transition to renewable/fossil-free electricity. Trelleborg’s systematic measures for energy efficiency also contributed to the results, which at the end of the three-year period (2021–2023) yielded a decrease of 60 percent in CO2 emissions in relation to sales compared with the base value of 6.6 metric tons/SEK M from 2020.
Renewable/fossil-free electricity
Outcome 2023: 36.0 percent (24.7) of total energy consumption from continuing operations is from renewable/fossil-free sources, a 45-percent increase mainly due to purchased renewable electricity and self-generated electricity at facilities.
Social 2023
Health and safety
Focus and target: The target for fatalities is 0. For machinery defined as high-risk equipment, a long-term project is under way to replace or minimize risks in existing equipment.
The number of accidents is to steadily decrease. For the full year 2023, the target
was to achieve an LWC of <1.0 in the production units and to also start to presentperformance measures for non-manufacturing units.
Outcome: 2023 showed a 26-percent decrease in the LWC rate since last year, a
continued improvement in the context of Safety@Work.
Governance 2023
2023 | 2022 | 2021 | 2020 | 2019 | |
Total CO2 emissions, metric tons | 160,520 | 317,000 | 349,200 | 358,400 | 429,400 |
CO2 emissions, metric tons per SEK M | 4.1 | 7.1 | 9.8 | 10.9 | 11.7 |
Proportion of renewable energy, % | 26.9 | 15.2 | 11.1 | 10.3 | 3.6 |
Waste, metric tons | 35,017 | 48,427 | 50,329 | 46,300 | 54,600 |
Waste, metric tons per SEK M | 0.9 | 1.1 | 1.4 | 1.4 | 1.5 |
VOC emissions, metric tons | 281 | 612 | 724 | 659 | 564 |
VOC emissions, metric tons per SEK M | 0.007 | 0.014 | 0.020 | 0.015 | 0.019 |
Water use, m3 | 935,689 | 2,272,760 | 2,437,261 | 2,188,522 | 2,305,325 |
Water use, m3 per SEK M | 23.8 | 50.9 | 68.4 | 66.7 | 63.0 |
2023
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2022
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2021
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2020
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2019
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Child and Forced Labor Number of reported cases |
0 | 0 | 0 | 0 | 0 |
Lost Work Cases | 133 | 192 | 239 | 231 | 361 |
Download the Annual Report 2023
During 2023, Trelleborg’s net sales increased 14 percent compared with the preceding year as a result of the new platform for higher growth, completed acquisitions and a positive impact from exchange rates. The Group’s sales, operating cash flow and earnings, excluding items affecting comparability, were the best to date for Trelleborg.