Our Climate Actions

Climate change is a growing problem that affects all of us. Global temperature rise, warming oceans, sea level rise, extreme temperature periods and many more evidence show that the climate change is our reality. 

Measure 

Livonia Print has made a complete inventory of its greenhouse gas emissions and has measured and reported emissions according to the Greenhouse Gas Protocol. 

In 2020, which is our base year, we have emitted 47 291 metric tons of carbon dioxide equivalent (tCO2e). This calculation includes Scope 1, 2 and 3 emissions meaning that we measure carbon impact of books from the moment they are produced to the moment they enter the client’s warehouse.  

 

Reduce

Regarding climate issues, our goal was to go further, therefore we have taken steps to move towards as minimal an impact on environment as possible. We have set ambitious climate targets in line with Science-Based Targets (SBT) and developed an emission reduction plan.

Our 2 SBT are as follows:

  • To reduce absolute Scope 1 and 2 GHG emissions by 21 % by 2025 from a 2020 base year (ambitious 1,5°C scenario).
  • To reduce Scope 3 GHG emissions by 30,4% per ton of produced books by 2025 from a 2020 base year (well below 2-degree pathway).

 

Offset what can't be reduced yet

While not all emissions can be avoided completely yet, in addition to reductions, we aim to balance the rest of our emissions, therefore carbon offsetting is one of the steps we take. We are investing in certified and third-party verified emission reduction projects in cooperation with South Pole – the world's leading developer of projects for voluntary carbon offsetting. 

Our current offsetting portfolio focuses on financing the renewable energy transition in developing countries, where carbon reductions are not expected to happen without external climate finance. The two projects we have invested in provide clean energy from solar power (Verified Carbon Standard registered project Srepok Solar Power in Vietnam) and hydropower (Gold Standard registered project Nam Nga Hydropower 2 in Laos).

 

Livonia Print 2023 Sustainability Report