At Cedo, we are committed to limiting our environmental impact as much as possible.
As part of our long-term ambition to become Net Zero, our near-term aim is to reduce our Scope 1 and 2 Greenhouse Gas Emissions within our business by 2025.
To support this, we have programmes in place to reduce the amount of energy we consume in our direct operations, procure renewable energy wherever available, as well as continually striving to reduce waste in our business. Since the introduction of these initiatives in 2019 (baseline year), we have significantly reduced the amount of Greenhouse Gases directly generated within our manufacturing sites, recycling operations and offices (Scope 1 and 2) by 97%.
During 2024, Cedo completed a comprehensive Corporate Carbon Footprint across Scopes’ 1, 2 and 3, covering all relevant upstream and downstream value chain activities. As part of our Climate Action Strategy, we will use this data to identify our key value-chain emission hotspots, calculate reduction targets in accordance with science-based methodology, and refine our near and long-term GHG roadmap.