Summary of targets and progress towards our 2030 Plan
This table highlights our commitments in line with the UN Sustainable Development Goals (SDGs), including forward-looking targets and progress made in 2022, as well as the governance structure in place to address these issues.
Setting Science Based Targets
SDG Target
13.3
Ambition
EcoOnline chooses to adopt the SBTi because it aligns with our business objectives and provides numerous benefits. It offer us a clear goal to work towards, ensuring that our growth is future-proofed and sustainable. Compliance with SBTi also enhances our resilience to evolving regulations in the field of environmental sustainability.
Targets
Reduce emissions from the baseline year by 42% for scopes 1 and 2, and 25% for scope 3
2022 Progress
Embracing 2022 as our new baseline ensuring that all future assessments will be conducted under consistent methodologies and data sources, enhancing the accuracy and meaningfulness of our emission comparisons.
Supplier Engagement
SDG Target
12.7
Ambition
To effectively reduce greenhouse gas emissions, we recognize the importance of addressing supplier-specific factors and fostering collaboration.
By working closely with our suppliers and encouraging them to collect and provide emission data, we can establish an illustrative supplier emission factor that better reflects the actual emissions associated with our supply chain.
Targets
- Engage top 5 vendors in 5 % annual reduction efforts.
- Reduce annual PG&S spend by 5%
2022 Progress
Initiated supplier ESG processes aligned with the Norwegian Transparency Act.
For 2023 our goal is to establish a sustainable procurement policy to encourage suppliers to reduce their environmental impact and report emissions data.
Gender Equality
SDG Target
5.5
Ambition
We are determined to increase the representation of women in management and leadership roles to 30%, reflecting our dedication to gender equality and empowering women in the workplace.
Targets
30% women in management and leadership
2022 Progress
28% women in leading positions (up from 27% in 2021, and 22% in 2020).
Human Capital
SDG Target
8.2
Ambition
At EcoOnline, our primary objective within the social metric of ESG, is to foster a diverse, supportive, and fulfilling working environment that promotes employee satisfaction and engagement. We are dedicated to cultivating a positive workplace culture that embraces diversity and encourages the professional development of our team members.
Targets
Employee Engagement score above 7.9 for all employees
2022 Progress
Employee Engagement Survey score: 8.0 (up from 7.7 in 2021)
Data & Business Ethics
SDG Target
16.5
Ambition
Our commitment to responsible business practices demonstrate how we mitigate potential risks and safeguard our organization's reputation.
Targets
- Cybersecurity and Privacy: 0 cyber security breaches
- Business ethics and anti-corruption: 0 convictions or fines for violation of anti-bribery and corruption
2022 Progress
1 security incident reported.