On a good path
In 2022 SFS succeeded in reducing its Scope 1 and Scope 2 emissions by –18.7% in absolute terms. Compared to the 2020 base year, the tons of CO2 equivalent per franc of value added has now been reduced by –48.4%. That means SFS has come one big step closer to its declared goal of reducing direct CO2 emissions relative to value added by at least 90% by 2030. In order to meet its due diligence obligations more consistently, SFS has been conducting environmental and social assessments with all direct suppliers since 2023. This with the aim of being able to fully measure Scope 3 emissions and reduce them in the long term.