Alligo commits to Science Based Targets initiative
Alligo has decided to set climate targets in line with the Science Based Targets initiative (SBTi). The decision is an important step in Alligo's sustainability work and to achieve the group's ambition to be a leader in sustainable development in the industry.
By joining, Alligo has committed to setting near- and long-term company-wide emission reductions in line with climate science with the SBTi.
- Sustainability is business critical for Alligo and is the foundation of our mission - to make business work. As a leading Nordic player, it is important that we take our responsibility to reduce climate impact. Joining SBTi is a significant step forward for Alligo's sustainability work and for meeting the requirements and expectations of our customers and other stakeholders, says Clein Ullenvik, President and CEO of Alligo.
Alligo now has two years to set targets, including a long-term net-zero target, supported by data from its own operations and the value chain, and submit them to Science Based Targets for validation. The ambition is to submit the material sooner than that. The climate target according to SBTi will then become part of Alligo's sustainability targets.
The Science Based Targets initiative (SBTi) is a global organisation that makes it possible for companies to set ambitious emission reduction targets in line with the latest climate science and the Paris Agreement’s goal of limiting global warming to 1.5°C. The initiative is a collaboration between CDP, the World Resources Institute (WRI), the World Wildlife Fund (WWF) and the UN Global Compact.
Read more about Science Based Targets: https://sciencebasedtargets.org/
Read more about Alligo’s sustainability work: https://www.alligo.com/en/sustainability/
For further information, please contact:
Clein Ullenvik, CEO & President
or:
Irene Wisenborn Bellander, CFO
Tel +46 8 712 00 00
ir@alligo.com
About Alligo
Alligo is a leading player within workwear, personal protective equipment, tools, and consumables in the Nordic region. The Group has annual revenue of approximately SEK 9.5 billion and approximately 2,500 employees. Alligo AB (publ) has been listed on Nasdaq Stockholm since June 2017. Read more at www.alligo.com.
Alligo AB (publ)
Box 631, 135 26 Tyresö · Vindkraftsvägen 2, 135 70 Tyresö · Phone +46 (0) 8 – 727 27 20 · www.alligo.com