Sustainable Companies in Europe

According to the 2023 European Sustainable Companies publication, the article authored by Lucy Buchholz offers valuable insights and analysis on the latest trends and practices in sustainable business operations. Lucy's contribution is a must-read for anyone interested in the future of sustainable companies in Europe. This article will delve deeper into the sustainability plans of each of these companies, exploring their strategies and initiatives for environmental and social responsibility.

Moncler

Italian luxury fashion brand Moncler has unveiled its 2020-2025 Strategic Sustainability Plan, which includes a commitment to achieve net-zero carbon emissions by 2050 and reduce CO2 emissions by 2030. The plan focuses on five strategic priorities: climate change and biodiversity, circular economy, responsible sourcing, valuing diversity and supporting local communities. The company has defined a set of commitments for each priority, based on an analysis of where it can maximise positive and minimise negative impacts. The plan also involves work with its supply chain on raw materials traceability and social standards, and awareness-raising initiatives to promote diversity. Read more.

Novozymes

Novozymes is dedicated to sustainability and is actively working to reduce food loss and waste. Their enzymes and microorganisms are used in food production to improve efficiency and extend the shelf life of products, reducing the amount of food that goes to waste. By developing innovative solutions that help food last longer and maintain its quality, Novozymes is making a significant impact on reducing food loss and waste in the food system. This commitment to sustainability not only benefits the environment but also helps to ensure that more food reaches those in need. Read More.

Siemens

Siemens is a company that has long been dedicated to sustainability, with a focus on driving digital and sustainable transformation across various industries. Their portfolio is designed to enable their customers and partners to make a positive impact on the planet through technology with purpose. Sustainability is a key part of Siemens' strategy, and is deeply embedded in their business activities, investment decision-making, and governance. This commitment is reflected in their DEGREE framework, which provides a 360-degree view of Siemens' ESG priorities. With this framework, Siemens is able to prioritize sustainability across their operations, ensuring that they are making a meaningful contribution to a more sustainable future. Read More.

Adidas

Adidas and Parley for the Oceans have teamed up to tackle the issue of plastic waste in our oceans. Through their partnership, they have created running shoes made from upcycled plastic waste, intercepting it before it reaches the ocean and giving it new life as a product. Parley for the Oceans is an environmental organization dedicated to raising awareness about the fragility of our oceans and finding creative and innovative solutions to protect them. Together, adidas and Parley are leading the way in making a change and providing alternatives to help preserve our planet's most important ecosystem. Read More.

Nestlé

Nestlé is committed to sustainability through its dedicated approach known as Creating Shared Value (CSV), which is designed to benefit the company, shareholders, society, and the planet. Recognizing the urgent need to address the climate crisis, Nestlé has adopted a climate-centered approach to its business operations. The company acknowledges the significant role of an unsustainable food system in contributing to global emissions and exacerbating the food crisis. In response, Nestlé has set ambitious goals, aiming to halve its carbon footprint by 2030. This involves a comprehensive transformation of the entire business, including the conversion of trucks to alternative fuels, the shift to renewable electricity in factories, and the introduction of eco-friendly packaging that uses less plastic and is easily recyclable. Nestlé's holistic and interconnected approach underscores its commitment to achieving net zero greenhouse gas emissions by 2050, placing a strong emphasis on prioritizing people in every aspect of its endeavours. Read more.

Unilever

Unilever is a company driven by a clear and compelling purpose: to make sustainable living commonplace. With a commitment to creating positive change in the world, Unilever operates as a company of brands and individuals united by the goal of promoting sustainability. Their dedicated approach is encapsulated in the Unilever Compass, a strategic framework designed to demonstrate that a purpose-led, future-fit business model can deliver superior performance. This model not only seeks growth that is consistent and competitive but also places a strong emphasis on profitability and responsibility. Unilever's dedication to incorporating purpose into its business strategy reflects a visionary perspective that aligns economic success with positive social and environmental impact, emphasizing the company's role in contributing to a more sustainable and equitable world. Read More.

Orested A/S

Orested A/S is a Danish company that is focused on sustainability. They believe that the transition to green energy is the single biggest way to reduce carbon emissions, limiting global heating and its negative knock-on effects, from social injustice to biodiversity loss. Orested A/S is proud to be driving this transition forward by working with companies and countries around the world to decarbonise their energy systems through their renewable energy solutions. However, Orested A/S also believes that the speed and scale of the green energy build-out cannot be their only considerations as a sustainable energy company. They need to acknowledge and address the impacts that the build-out itself can have on nature and people. Orested A/S is committed to working with all stakeholders to ensure that the green energy transition is done in a way that is fair and sustainable for all. Read more.

Neste

Neste is a global renewable energy company that produces sustainable products and services. The company's focus is on renewable fuels, such as renewable diesel and sustainable aviation fuel (SAF). Neste's SAF is made from sustainably sourced, 100% renewable waste and residue raw materials, like used cooking oil and animal fat waste. Over its life cycle, it reduces greenhouse gas (GHG) emissions by up to 80%* compared to fossil jet fuel. It can be used as a direct replacement (drop-in) for fossil jet fuel as it is chemically similar. It is fully compatible with existing jet engines and fueling infrastructure, requiring zero additional investment into them. Read More.

Replacing crude oil with renewable raw materials in the production of fuels helps combat climate change through preventing significant amounts of fossil-based greenhouse gas emissions from entering the atmosphere.

SAP

SAP is committed to creating positive economic, environmental, and social impact within planetary boundaries. The company has set ambitious targets for climate action, circular economy, social responsibility, and holistic steering and reporting. In addition to pursuing its own goals, SAP wants to help its customers become more sustainable by providing a portfolio of sustainability solutions. Read More.

Schneider Electric

The Schneider Sustainability Impact (SSI) 2021-2025 program is dedicated to a better future for all. It contributes to each and every one of the United Nations Sustainable Development Goals. With 6 long-term commitments, we go even further for our environment, society and economy. Backed up by 11 global targets and accompanying local targets, they pave the way for a significant dual impact. Enabling us to drive action, not just through ourselves and our partners, but also for our customers and our local communities. Read More.