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SOFIDEL commits to Net Zero by 2050

SOFIDEL commits to Net Zero by 2050

The paper manufacturing Group, alongside Science Based Targets (SBTi), is embarking on the pathway to reducing greenhouse gas emissions to as close to zero as possible along the entire value chain.

Sofidel, one of the leading manufacturers of paper for hygienic and domestic use worldwide, best known for its Regina brand, is intensifying its ecological transition policies and – after the achievements of the WWF Climate Savers program and the endorsement of decarbonization targets to 2030 by Science Based Targets (SBTi) – is committing to Net Zero by 2050.

The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain, is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.

Sofidel will undertake this journey together with SBTi – the partnership between Carbon Disclosure Project (CDP), the United Nations Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) – that promotes sustainability best practices and helps companies to pursue greenhouse gas reduction goals in line with science.

For Sofidel, Net Zero represents the next step in a journey to reduce greenhouse gas emissions that goes back a long way. In 2008, it became the first Italian manufacturing company and the first company in the tissue sector in the world to join the international WWF Climate Savers programme, committing to ambitious voluntary greenhouse gas emissions reduction targets. From 2009 to 2020, Sofidel reduced direct CO₂ emissions (carbon intensity) into the atmosphere by 24%.

The Group’s aim by 2030 is a further 40% reduction in scope 1 and scope 2 CO2 emissions compared to the 2018 base year, and a 24% reduction in scope 3 emissions. This goal was also approved by SBTi.

The strategy to achieve a highly challenging and time-consuming goal is based on a multifaceted plan, which looks not only at the industrial activities directly managed by Sofidel, but also at the involvement of stakeholders throughout the supply chain, as well as relying on the gradual maturation of technological options that to date are unaffordable.

The key actions in Sofidel’s decarbonization plan up to 2050 will cover:

Sofidel Group Headquarters Porcari Lucca Italy

Sofidel Group

The Sofidel Group is one of the leading manufacturers of paper for hygienic and domestic use worldwide. Established in 1966, the Group has subsidiaries in 13 countries – Italy, Spain, the UK, Ireland, France, Belgium, Germany, Sweden, Poland, Hungary, Greece, Romania and the USA – with more than 6,500 employees, net sales of 2,801 million Euros (2022) and a production capacity of over one million tonnes per year (1,440,000 tonnes in 2022). “Regina”, its most well-known brand, is present on almost all the reference markets. Other brands include: Sopalin, Le Trèfle, Hakle, Softis, Nalys, Cosynel, KittenSoft, Lycke, Nicky, Papernet. Sofidel’s greenhouse gas (GHG) emissions reduction targets to 2030 have been approved by the Science Based Targets initiative (SBTi) as consistent with reductions required to keep warming to well-below 2°C, in line with the goals of the Paris Agreement. www.sofidel.com

Sofidel Press Office:

Silvia Colleoni – +39 349 3457751– silvia.colleoni@bcw-global.com

Andrea Robuschi – +39 327 365 8485 – andrea.robuschi@bcw-global.com

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