Measurement and Product Declarations

Many companies make many claims about their ESG credentials. Purmo Group believes in science-based, externally validated claims. We believe in common platforms so that companies are accountable and can be compared on a like-for-like basis. That’s why we comply with initiatives such as the EU’s Corporate Sustainability Reporting Directive and the Science Based Targets initiative.

Science-based targets

The SBTi, or Science Based Targets initiative, is an organisation that supports companies and financial institutions in setting science-based targets for reducing greenhouse gas emissions.

 

We’re proud to announce that our targets for reducing greenhouse gas emissions have been approved by the Science Based Targets initiative. This is the result of over a year of intensive preparation, study and reporting. The targets give us a clearly defined path for how much and how quickly we must reduce greenhouse gas emissions to stay in line with limiting global warming to 1.5°C. They cover scope 1, 2 and 3 emissions in both the near term (2033) and long term (2050).

 

Our approved targets are:

Near-Term Targets:

Reduce absolute scope 1 and 2 GHG emissions by 54.6% by 2033 from a 2022 base year. We also commit to reducing absolute scope 3 GHG emissions by 32.5% in the same timeframe.

Long-Term Targets:

Reduce absolute scope 1 and 2 GHG emissions by 90% by 2050 from a 2022 base year. We also commit to reducing absolute scope 3 GHG emissions by 90% within the same timeframe.

Scope 1, 2 and 3

Scope 1 covers direct GHG emissions from sources that are owned or controlled by the company, for example: combustion in owned or controlled boilers, furnaces, vehicles, etc.

Scope 2 covers indirect greenhouse gas emissions from consumption of purchased electricity, heat or steam.

Scope 3 emissions are all indirect emissions not included in scope 2, including product lifecycle emissions associated with the use of our products from cradle to grave, including transport, storage, sale, use and disposal.

EcoVadis

EcoVadis is a sustainability rating tool that assesses a company’s environmental, social, and ethical impacts, including its suppliers. EcoVadis can help companies understand their sustainability performance and improve it.

The EcoVadis medals are reviewed periodically. We are committed to continuing and improving our ratings so that our suppliers and customers can rest assured that they’re collaborating with a sustainable partner who believes in the future.

Environmental Product Declarations

European policies are increasingly focussing on the environmental impact of products. This impact has rightly become an important factor in buyers decision processes because people and businesses want to understand how the products they buy affect the environment. Environmental Product Declarations or EPDs are a great tool for this as they help people to make more conscious choices.

An EPD covers all phases of the product life cycle and provides transparent, objective and third-party verified data related to a product’s environmental performance. Using dedicated software, we are able to make reliable life-cycle assessment calculations for all our products, which are then converted into EPD certificates after the information has been verified by an accredited third-party certification body.

Our aim is to provide an EPD certificate by default for all new products launched from 2025 onwards. We are also collecting EPDs for our existing products. For example, Environmental Product Declarations are currently available for our 33 mm steel panel radiators, PE-RT and PE-Xc pipes. You can have a look here EPD-Hub.

CSRD

The Corporate Sustainability Reporting Directive was introduced by the European Union in 2021 in line with the commitment made under the European Green Deal. It mandates companies to disclose detailed information about their ESG impacts using the European Sustainability Reporting Standards (ESRS).

CSRD is compulsory for large EU companies including those with more than 250 employees and meeting certain financial thresholds. It emphasises “double materiality,” requiring companies to report not only how sustainability issues impact their business but also how their operations impact the environment and society.

It offers numerous benefits. By requiring companies to disclose detailed ESG information, CSRD helps the public, investors and stakeholders to understand a company’s sustainability efforts, risk profiles, and potential for long-term success.

Purmo Group completed its first CSRD submission in 2024.

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