GN Store Nord
ESRS disclosure: E5-3_04
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- Provide a detailed explanation of whether and how your company's targets are aligned with the minimisation of primary raw material, as part of the broader context of resource inflows and outflows, including waste, products, and materials.
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Question Id: E5-3_04
Towards achieving our policy intention to reduce the impact associated with our resource use, we are introducing recycled and non-fossil materials, which is driven by our voluntary target set in 2021 to use at least 50% recycled or renewable material in all newly developed products in 2025, measured as the percentage of the total weight of mechanical parts (i.e. plastics, metals, fabrics and other non-electronic parts). Through this target, we aim to increase the use of circular material and minimize the use of primary raw material by building a stable supply of recycled materials to apply across our product portfolio, ultimately contributing to a lower environmental footprint of our materials and more developed and therefore cost-effective recycling capabilities across our supply chain.
Report Date: 4Q2024Relevance: 85%