Search result

sustainable growth Addtech’s success is based on our companies being free to run and develop their own operations, as long as they deliver on our Group-wide targets. By continuously acquiring new businesses [...] Annual Report 23/24 Addtech's DNA Addtech is a fully decentralised organisation with a unique culture based on a willingness to take responsibility. We believe that the best decisions are made close to the [...] generates long-term shareholder value. Combined, our 150 companies have a broad and stable customer base and share an aspiration to lead the market in growing niche markets. Our efficient acquisition model

efforts contributing to the transition, Addtech has set targets that are in line with the Paris agreement and we have committed to Science Based Targets (SBTi) . We are to halve our carbon dioxide intensity [...] and operations (Scope 1 & 2). Sustainability facts For each focus area, Addtech has set long-term targets that are measurable and time bounded to 2030 in accordance with the Sustainable Development Goals [...] continuous follow-up of our key indicators. SUSTAINABILITY FACTS Meet Addtech company Valutec Skellefteå-based company Valutec offers the market’s broadest range of wood drying products. With more than 4,000 timber

long-term value for our owners. Sustainability facts For each focus area, Addtech has set long-term targets that are measurable and time bounded to 2030 in accordance with the Sustainable Development Goals [...] development. GLOBAL INITIATIV Code of Conduct and Sustainability policy Addtech's operations are based on respect for employees and business partners as well as the environment. The work with environmental

Climate-related information - risks and opportunities By the end 2022 Addtech committed to Science Based Targets (SBTi) and has for several years reported to the Carbon Disclosure Project (CDP) to ensure [...] requirements from customers and investors High energy intensity and continued high dependence on fossil-based energy Global initiatives and collaborations fail Increased proportion of refugees, due to climate

accordance with the Science Based Targets initiative. Our targets Overall Net-Zero Target Addtech commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets Addtech commits [...] anti-corruption Science Based Targets Addtech has for several years worked with integrating climate reducing activities that supports our 2030 targets. Beginning of May 2024 our climate targets were approved [...] use of sold products will have science-based targets by 2028. Long-Term Targets Addtech commits to reduce absolute scope 1 and 2 GHG emissions 95% by 2050 from a 2022 base year. Addtech AB also commits

our overriding objective. 1. Scalable business model with broad risk spread Shareholder value is based on our independent companies with their clear niche strategies and offerings with high technical content [...] importance of continuously adapting our operations to the prevailing business climate. By exceeding our target of doubling our profits every five years, we have repeatedly proven our ability to deliver sustainable