Cloetta publishes its Annual and Sustainability Report 2023; highlights include total CO2 emissions down approximately 10% compared to base-year 2019

Sample article from our Food & Beverage

March 11, 2024 (press release) –

Cloetta, a leading confectionary company in Northern Europe and home to some of the strongest brands on the market, is pleased to announce the publication of Cloetta AB's Annual and Sustainability Report 2023. The report is available on Cloetta's website www.cloetta.com.

"The last few years have been challenging due to many macroeconomic developments, but have also given us the opportunity to demonstrate the resilience of our core categories and brands.

In 2020, Cloetta joined the Science Based Targets initiatives and set goals in line with the Paris agreement. We have committed to reduce our greenhouse gas emissions within scopes 1, 2, and 3 by 46 per cent by 2030 from a 2019 base year.

Last year, we made further progress within our climate action program by improving our data collection process through collaboration with value chain partners for our scope 3 emissions and structured our initiatives to accelerate the reduction of our scope 1 and 2 emissions.", says President and CEO Henri de Sauvage-Nolting .

 

Selected sustainability agenda progress 

 

  • Cloetta's vegan candy portfolio significantly increased to 37% from 23% last year. Overall, we maintained more than 90% recyclable packaging.
  • Total CO2e emissions decreased with approximately 10% compared to 2019 (base-year). 
  • Continued efforts to enable living income for cocoa farmers and empower women who are harvesting shea in West Africa .

 

The report is available in both English and Swedish in pdf format, as well as summarized in a separate digital version. The Annual Report is also available on the same website in European Single Electronic Format (ESEF). A printed version will be sent by post to shareholders that have requested it.

 

 

 

This disclosure contains information that Cloetta AB is obliged to make public pursuant to the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 11-03-2024 08:00 CET .

Investor and media contact

Laura Lindholm , Director of Communications & IR

+46 766 96 59 40

ir@cloetta.com



For more information from Cloetta and press images, visit www.cloetta.com/en/media/

About Cloetta

Cloetta, founded in 1862, is a leading confectionary company in  Northern Europe . Cloetta's products are sold in more than 50 countries worldwide with Sweden , Finland , Denmark , Norway , the Netherlands , Germany and the UK as the main markets. Cloetta owns some of the strongest brands on the market, such as Läkerol, Cloetta, CandyKing , Jenkki, Kexchoklad, Malaco , Sportlife and Red Band . Cloetta has 7 production units in 5 countries. Cloetta's class B-shares are traded on Nasdaq Stockholm. More information about Cloetta is available on www.cloetta.com

https://news.cision.com/cloetta-ab/r/cloetta-s-annual-and-sustainability-report-2023-published,c3943172

https://mb.cision.com/Main/1169/3943172/2658892.pdf

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