Sustainability

Leadership in sustainability

Our sustainability commitment goes beyond compliance; it is integral to our strategy to be recognised as a leader in sustainability. We aim to promote renewable energy growth and reduce global CO2 emissions. To achieve this, we focus on three areas: green footprint, responsible supply chain, and local value creation.

Green footprint

Scatec is responsible for addressing climate, circularity, and biodiversity. The goal is to reach net-zero emissions by 2040 with a detailed roadmap. For circularity, an end-of-life strategy for plants will be developed by 2027. The commitment to biodiversity includes aligning the nature agenda with the Task Force on Nature-Related Financial Disclosures (TNFD) by 2025, ensuring adherence to evolving regulations and stakeholder expectations. These three areas are expected to be key components of future EU regulations and stakeholder expectations.

Responsible supply chain

We focus on traceability, supplier engagement, and human rights. Our goal is to lead in solar PV supply chain traceability. Annually, we discuss key issues with all suppliers and conduct due diligence to ensure human rights compliance. We train employees to identify and address concerns, particularly regarding alleged forced labour in the polysilicon industry in Xinjiang, China.

Local value creation

We aim for 70% of construction workers to be locals and make long-term community investments. This is crucial for authorities and communities in our markets and aligns with Scatec’s strategy of ‘Improving our Future’.