CSR 2024 UK v3 020524 web - Flipbook - Side 4
Towards Net-Zero
4
LETTER FROM OUR CEO
Welcome to Frode Laursen’s1) Sustainability Report
2024 (for the year 2023). The report2) describes Frode
Laursen’s environmental, social and governance
(ESG) efforts.
Since 2019, we have reported on our responsibilities within these areas, and I am proud that we
are making progress each year. In the past year, we
have managed to reduce our total Scope 1 and 2 CO2e
emissions by 14% and have thus come even closer to
achieving our goal of reducing our emissions by 35%
by 2030. In total, we have now reduced our carbon
footprint in Scopes 1 and 2 by 25%. At the same time,
our energy intensity – or the amount of CO2e we emit
per pallet handled – has improved by 4% from 2022
to 2023, which equates to a total reduction in CO2e
emissions of 22% from 2020 to 2023.
We are proud of this concrete and tangible result.
But we must go further. Therefore, in 2024, we
joined the Science Based Targets initiative (SBTi) and
will soon start setting targets that will bring us to net
zero by 2050.
In the past, we at Frode Laursen have been
slightly reticent about setting such long-term targets.
When you believe – as we do – in always basing
decisions on facts, having goals that stretch so far
into the future can feel slightly flighty and intangible.
On the other hand, we acknowledge the motivation
that comes from setting ambitious goals, while
acknowledging that we are not 100% certain about
how exactly we will get there.
Because we are ambitious, we want to be among
the best in the industry, not just at setting targets,
but also in terms of results. Our initiatives must make
sense. Therefore, in 2023, we decided not to renew
the green electricity certificates for our logistics
centres. We do not think that the green certificates in
themselves create more green power, and we would
instead devote more time and resources to exploring
alternative and better solutions to securing green
electricity, just as we have accelerated the expansion
of our solar panel projects.
However, customers who so wish can still have
their goods stored using green electricity sourced via
green electricity certificates.
Many of our customers have started reporting
in line with the Corporate Sustainability Reporting
Directive (CSRD), and we see it as one of our foremost tasks to help them achieve their sustainable
goals. Therefore, in 2023 we continued to invest in
the very area that accounts for our most significant
1) Frode Laursen covers TA-Logistics A/S and subsidiaries with operational links to Frode Laursen.
2) This report constitutes the statutory statement cf. the Financial Statements Act §99a for TA-Logistics A/S and Frode Laursen A/S.
carbon footprint – transport. We took delivery of
our first electric truck for distribution in 2023, and a
further ten electric trucks will join the fleet in 2024.
Electric truck development is advancing quickly, and
although many challenges relating to costs and infrastructure remain to be overcome, we believe that the
proportion of electric trucks in our fleet will increase
significantly in the coming years.
Together with other alternative fuels such as
HVO diesel and biogas, this is one of the main ways
to reduce our CO2e emissions.
Another key aspect of our sustainability efforts is
the social aspect and our workforce. Our employees
are critical to Frode Laursen, and one of our goals
is to ensure that they all have good and meaningful working lives. At the same time, we are known
for taking responsibility, both for training the next
generation and for creating meaningful jobs for
people who otherwise find it difficult to enter the
labour market. In 2023, Frode Laursen had more than
200 people in different types of job training. At all
our logistics centres in Sweden, we have thus been
working closely and for many years with the organisation Samhall AB, a Swedish state-owned company
that helps people on the edge of the Swedish labour