1. Reducing own emissions
ERI helps companies set science-based targets aligned with the 1.5°C framework and provides guidance on reducing emissions in line with the goal of halving them every decade.
The ever-increasing extraction and processing of natural resources is putting increased pressure on our planet. Climate change, biodiversity loss, and access to water are some of the main consequences. Increasing circularity is the easiest solution.
03 Feb 2025– Today, only 7.2% of the global economy is considered circular. By simply doubling the circular share of production, we can significantly reduce global climate emissions while lessening our impact on biodiversity and water supplies, says Miranda Jensen, Head of Group Function Environment at Ragn-Sells Group.
Ragn-Sells is committed to reducing the climate impact from our own operations and value chain while leading the transformation towards a circular economy. We do this by developing circular solutions with the potential to significantly reduce the demand for virgin materials and thereby avoid emissions caused by others, and by continuously advocating for a circular transition.
In order to accelerate these efforts and align our business with science-based climate targets, Ragn-Sells started in 2024 the process to become members of the Exponential Roadmap Initiative (ERI), a collaborate climate initiative set to half global carbon emissions
by 2030 and become net zero by 2040.
– Working with a science-based climate initiative like ERI is an excellent fit for Ragn-Sells. It supports both our efforts to reduce emissions within our own operations and value chain and to set clear criteria for circular solutions that contribute to emission avoidance, says Miranda.
The Exponential Roadmap Initiative (ERI) is a climate initiative that supports companies in taking science-based climate action by providing frameworks, tools, and collaborations in four key pillars.
1. Reducing own emissions
ERI helps companies set science-based targets aligned with the 1.5°C framework and provides guidance on reducing emissions in line with the goal of halving them every decade.
2. Reducing value chain emissions
ERI promotes transparency through methods for measuring and reporting on Scope 1, 2, and 3 emissions, and encourages companies to collaborate in the value chain to optimise resource use.
3. Scaling climate solutions
ERI identifies and highlights innovative solutions, including circular economy practices, and supports the scaling of these solutions through cross-industry collaboration. By focusing on this we will enable reduced climate emissions in other value chains than our own. This is referred to as “avoided emissions” in society.
4. Accelerating societal transformation
ERI engages companies in policy dialogues and initiatives that drive systemic change and encourages communication and advocacy to
inspire more stakeholders to take action.
Ragn-Sells pledge to by 2030 cut climate emissions (CO2e) from own operations with 50% compared to 2019, and to contribute with solutions that ensure that at least 2 million tonnes of emissions (CO2e) per year are avoided. Through the process of joining ERI, these goals will be developed and challenged further. Moving forward, the focus for climate action connected to our own operations will remain on reducing emissions from landfills and transport.
This article was published in Ragn-Sells’ 2024 Sustainability Report, which offers insights into our sustainability efforts, progress on seven key goals, and our vision for a circular and sustainable society. Download report here