SBTi Commitment
“SBTi commitment is a tangible sign of our agenda for the future. Inevitably the demands from the market will rapidly change and especially the young generation will have a completely different approach and consciousness about the climate agenda.”
In January 2025, Innovalift together with the individual companies further developed the joint strategic sustainability journey by as a group committing to net-zero as part of the Science Based Targets initiative. Taking climate action is a part of the strategic agenda on sustainability and we are proud to take the first step to commit to SBTi’s global movement for ambitious corporate decarbonization.
In 2024, we introduced the mapping of Greenhouse Gas Protocol (GHG Protocol) for all our companies. These calculations follow the principles outlined by the GHG Protocol, an initiative that assists organizations and companies in tracking their emissions and making informed actions toward achieving sustainability goals.
In June 2025 Innovalift launched a group strategic framework of five key strategic areas aimed at reducing our climate footprint to net-zero. This is a joint commitment of all our organizations within the group. Each of our companies have developed a roadmap with initiatives to be launched towards reduced carbon emissions within the following areas:
- Reduce embodied product carbon emissions
- Reduce use-phase emissions
- Energy efficient operations and transition to renewable energy sources
- Minimize environmental footprint of products by extending product lifetime
- Reduce climate impact from upstream and downstream transportation
Initiatives are being launched across the company group to explore a circular business offer and sustainability as a service to customers.
In September 2025 our greenhouse gas reduction targets have been officially approved by the Science Based Targets initiative (SBTi). This recognition confirms that our climate goals are aligned with the latest climate science and the ambition to limit global warming to 1.5°C.
Together we have also set near-term goals to reduce absolute scope 1 and 2 GHG emissions 63.0% by 2035 from a 2022 base year. Innovalift also commits to reduce scope 3 GHG emissions 66.33% per SEK value added within the same timeframe.
Long-term Innovalift commits to reduce absolute scope 1 and 2 GHG emissions 90.0% by 2050 from a 2022 base year. Innovalift also commits to reduce scope 3 GHG emissions 97.0% per SEK value added within the same timeframe.