Scanfil achieved Science Based Targets initiative’s approval

Scanfil plc     Press release     12 September 2024 at 9.00 a.m. EEST

Scanfil achieved Science Based Targets initiative’s approval

Scanfil, a leading provider of advanced electronics manufacturing services, is proud to announce the approval of its near-term science-based targets by the Science Based Targets initiative (SBTi). This significant achievement underscores Scanfil’s commitment to sustainability and climate action.

The SBTi has validated that Scanfil’s greenhouse gas (GHG) emissions reduction targets align with the latest climate science and are consistent with the goals of the Paris Agreement. Specifically, Scanfil commits to:

• Reduce absolute scope 1 and 2 GHG emissions by 55.8% by 2030 from a 2020 base year. Scope 3 inventory was not reported for that year.
• Reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, and employee commuting by 25% by 2030 from a 2022 base year.

“These ambitious targets reflect Scanfil’s dedication to driving meaningful change and contributing to a sustainable future. By setting and achieving these goals, Scanfil not only demonstrates leadership in environmental stewardship but also inspires other organizations to take bold steps towards reducing their carbon footprint”, says CEO Christophe Sut.

SBTi’s Target Validation Report highlights Scanfil’s comprehensive approach to GHG emissions management. In 2020, Scanfil reported a total of 16,901 tCO2e for scope 1 and 2 emissions. By 2022, the company reported 955,102 tCO2e across scopes 1, 2, and 3, with a significant portion (65.22%) attributed to purchased goods and services. The report confirms that Scanfil’s targets meet the SBTi’s stringent criteria and are aligned with a 1.5°C trajectory.

“We are thrilled to receive this validation,” says Mats Lindblad Director of Quality and Sustainability at Scanfil. “SBTi’s approval is a testament to our team’s hard work and our commitment to making a positive impact on the environment. We believe that by taking decisive action today, we can help create a better tomorrow for future generations.”

Scanfil’s sustainability journey is a continuous one, and the company remains dedicated to exploring innovative solutions and partnerships that will further enhance its environmental performance.

For additional information:
Mats Lindblad
Director of Quality and Sustainability
Tel. ++46 73 807 13 09
Email mats.lindblad@scanfil.com

About Scanfil
Scanfil plc is the largest European stock-listed Electronics Manufacturing Service company (EMS) with EUR 902 million turnover in 2023. It serves global industry leaders in Industrial, Energy & Cleantech as well as the Medtech & Life Science customer segments. The service portfolio includes design services, prototyping, design for manufacturing (DFM), test development, supply chain and logistics services, PCBA, box-build manufacturing, and complex system integration services. Scanfil’s objective is to increase customer value by helping them become more competitive and be their global, most preferred supply chain, and long-term manufacturing partner. Scanfil’s longest customer relationship has lasted over three decades. It has nine production sites on three continents with global delivery capability. www.scanfil.com