Our acts in 4 pillars

Listening to our key stakeholders we designed four key pillars where we as an organisation can make the biggest impact. Our four ESG pillars set out our strategy and allow us to set clear goals. Check out our four pillars and how we act on them.
Planet
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Planet

Drastically reduce our impact across the supply chain.

Our goal is to reduce our greenhouse gas emissions from all our activities in line with the Paris Agreement and European Green Deal. A clear insight of our emissions among the 3 scopes in this deal, has shown us the levers we need to use to achieve our overall goal of being net zero in 2050. In accordance to this net zero standard, by 2050 we will reduce the absolute GHG emissions from our value chain by at least 90% compared to 2022.

Using our strong position in the supply chain, we will work together with all parties involved. The reduction of scope 3 emissions will have the biggest impact. The specifics on how to lower these will be captured over both upstream and downstream activities including supplier/partnership selection, product design and material specifications. 

With all our offices and sites, we will take necessary actions to reduce our scope 1 and 2. 

Scope 1 explained:
Covers direct emissions from sources that a company owns or controls, such as fuel combustion in company vehicles or boilers.
Scope 2 explained:
Includes indirect emissions from the generation of purchased electricity, steam, heating, or cooling consumed by the company.
Scope 3 explained:
Encompasses all other indirect emissions in a company’s value chain, including those from suppliers, business travel, and the use of products sold.
People
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People

Set ambitious social standards for all involved with Solo midocean.

We promote respectful and safe working conditions, both in our own facilities and in those of our partners all over the world. We will focus on human rights, aim to improve the living conditions and promote well-being at work, training, and inclusion.

The key element to make this happen is auditing our factories on their practices and we will therefore increase the number of items produced in a socially audited factories to 90% by 2030. 

 

Change
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Change

Creating awareness by sharing knowledge both internally and externally

As one of the leaders, we have a responsibility to demonstrate that meaningful and genuine change is possible. By openly sharing our knowledge with partners through webinars, academies, and our website, we turn our commitments into tangible actions.

Through a transparent and accessible exchange of knowledge, we create a community for everyone to grow and continuously improve how we work together.

Promoter
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Promoter

We will promote sustainable practices across the industry.

Using audits and certifications we bring more transparency to our supply chain. At Solo midocean, we believe that we are far stronger together. This is why we are involved with several international associations; if we act together, we can act stronger.

Via supply chain certificates we will look to set the standard for the industry making it easier for others to follow. We know the power of our voice as one of the industry leaders and therefore will look to actively promote the ongoing development of a sustainable supply chain.