Balco Group strengthens its focus on sustainability
Växjö 11 May 2020
A priority area in Balco's sustainability work is the ambition to lower the carbon footprint in the production of a balcony by 20 percent by 2021. This gives a climate-positive effect 5-10 years earlier than today's 30-50 years. Seen over the total life span of the balcony of at least 90 years * is a considerable environmental benefit.
Based on environmental and economic sustainability aspects, Balco has over the past two years analyzed and documented the carbon footprint from the company's products. Some can be attributed to the purchase of components and materials outside Europe. Therefore, the Group has decided that all purchases should be made from suppliers in Europe, as part of reducing transport and obtaining a more secure supply of materials.
Balco is constantly working to improve its operations in accordance with the UN's 17 global sustainability goals. The focus is not only on the environment but also on social and economic sustainability at company level. In order to clarify the focus on sustainability issues in the Group, the Balco Group has appointed Johan Fälth as sustainability manager. Internal work has now been started with the aim of getting sustainability even higher on the agenda.
For more information, please contact:
Johan Fälth, Export and Marketing Director, responsible for sustainability, +46 73-345 61 25, johan.falth@balco.se
Kenneth Lundahl, President and CEO, +46 70 630 20 57, kenneth.lundahl@balco.se
* Lifetime analysis for materials in Balco's glazed standard balcony carried out by Element Materials Technology on behalf of Balco AB, 2019.
Balco is a growth company offering high quality, innovative, patented and energy-saving balcony solutions. The company’s customised products contribute to enhanced quality of life, security and an increase in value for residents of multi-family residential properties. Through a decentralized and efficient sales process, Balco has control over the entire value chain – from production to delivery. The company, which was founded in Växjö in 1987 and which has over 400 employees, is a market leader in the Nordic region, and operates on several markets in northern Europe. Sales in 2019 amounted to SEK 1,221 M. Balco’s shares are listed on the Nasdaq Stockholm Stock Exchange.