CO2 emission report 2024 - Flipbook - Page 10
The most signi昀椀cant inputs to production, as measured by both total weight and emissions, are metals such as
stainless steel and brass, plastics, and components for coolers and fridges. We have already started to engage our
suppliers to understand better actual, supplier-speci昀椀c emissions for materials we purchase. We also believe that
by starting such collaborations, we will be able to achieve better data maturity and lead toward mutual emissions
reduction.
When analyzing the CO2e indicators of the MM Group, a 9% reduction in Scope 2 CO2e emissions is observed. This
outcome was achieved through a combination of emission reduction projects implemented within enterprises and
the adoption of electricity from renewable sources. At the MM Group level, four entities—Micro Matic Germany, now
connected with DSI Micro Matic ( Germany), Micro Matic UAB ( Lithuania), and MM Service Center AB ( Sweden)
are now utilizing 100% green electricity. A Group-wide transition to green energy would result in a substantial
decrease in Scope 2 CO2e emissions. This is clearly shown through calculations using the Market-Based Method,
which considers emission-free Guarantees of Origin (GOs) for procured electricity. As a result, the reduction in
Scope 2 emissions would be 28%, compared to the 9% reduction calculated using the Location-Based Method.
Ongoing initiatives also in昀氀uenced the overall reduction in Scope 2 emissions. These include energy-saving projects implemented by Micro Matic A/S ( Denmark) in their production processes and optimization of Micro Matic
China ( China) production facilities by controlling unnecessary heating and ventilation during low season.
At the Group level, an increase in Scope 3 emissions has been observed, with the most signi昀椀cant rises occurring in
the Scope 3.1, Scope 3.6, and Scope 3.12 subcategories. The change of 3.1 was primarily attributed to 昀氀uctuations
in the costs of both labor and materials, as well as variations in the distribution of materials procured. Fundamentally, this change was in昀氀uenced by Micro Matic USA and TAPRITE Micro Matic. Micro Matic USA incurred higher
expenditures and acquired more stainless steel, an emission-intensive material. Similarly, Taprite has also experienced an increase in the use of metal components. In order to reduce emissions under Scope 3.1, it is essential to
prioritize raw material 昀氀ows with lower emissions (e.g., selecting suppliers offering materials with lower emission
intensity) and collect comprehensive data on the materials used across the MM Group.
The increase in Scope 3.6 emissions is primarily attributed to a rise in business travel, driven by the post-pandemic
period, during which the need for in-person communication increased. Mitigating emissions in this category would
require adopting more sustainable travel options or collaborating with companies that offer environmentally friendly travel services.
The increase in Scope 3.9 can be seen in branches selling their products through retail sellers or third-party logistic
providers. By quantifying these emissions, MM Group can identify opportunities to collaborate with logistics providers to reduce carbon footprints, such as optimizing routes, using fuel-e昀케cient vehicles, or transitioning to electric
昀氀eets.
Scope 3.11 emissions are primarily in昀氀uenced by products with long life cycles that consume energy during use,
such as refrigerators and freezers. The general trend is attributed to decreasing electricity emissions worldwide,
developing more e昀케cient products, and changing the mix of refrigerator models sold. Reducing emissions in this
category necessitates the development of more e昀케cient engineering solutions, including the production of energy-saving electrical appliances. Additionally, the sales market signi昀椀cantly impacts this scope; for instance, when
equipment is sold to countries with lower electricity emission factors, the CO2e emissions generated over the product’s life cycle are automatically reduced.
In 2023-2024, the Micro Matic Group continued to pursue ambitious goals for emissions reduction at the Group
level. The Company has made substantial progress in integrating environmental initiatives into core business
activities, executing ongoing projects, and identifying new opportunities, inspiring the organization to achieve its
established CO₂ reduction targets. Over the year, 28 projects were implemented to help curb GHG emissions. These
projects, which included using more sustainable transportation, installing EV charging stations, optimizing lighting,
heating, and water usage, and increasing green energy adoption, have collectively contributed to Micro Matic’s
overarching CO₂ reduction objectives at a Group scale.
10 | CO2 EMISSION REPORT 2024
