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 2023, 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
2023 Progress
Despite our efforts, our total greenhouse gas emissions saw a nearly 10% increase in 2023, totalling approximately 6,038 metric tonnes. This outcome highlights the challenges we face as a rapidly growing company but reinforces our resolve to enhance our strategies.
Supplier Engagement
SDG Target
12.7
Ambition
To effectively reduce greenhouse gas emissions, we recognise 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%
2023 Progress
- 12.3 million NOK in annual savings from decommissioning, license reductions, and renewal discounts
- 11 % reduction of PG&S spend
Gender Equality
SDG Target
5.5
Ambition
We are determined to increase the representation of women in management and leadership roles to 50%, reflecting our dedication to gender equality and empowering women in the workplace.
Targets
50% women in management and leadership
2023 Progress
40% women in leading positions.
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 cybersecurity breaches
- Business ethics and anti-corruption: 0 convictions or fines for violation of anti-bribery and corruption
2023 Progress
- 0 cybersecurity incident reported.
- 0 convictions or fines for violation of anti-bribery and corruption