Go Greener is our climate strategy which describes our ambition to reduce Egmont’s environmental impact and contribute to a better planet for future generations.
At Egmont, we aim to reduce the climate impact of our own operations. We have a clear goal to use power from renewable energy sources and have already taken important steps toward this. Since 2022, we have reached our goal of using 100% renewable electricity. We have invested in solar parks, which will cover 90% of the energy consumption in our Danish companies and more than half in our Swedish and Norwegian companies. The remaining renewable electricity is sourced through renewable electricity certificates. In addition, we are gradually replacing our company cars with hybrid and electric vehicles.
We are also working to reduce the climate impact of our value chains, where the largest share of our greenhouse gas (GHG) emissions occurs. Since 2021, we have been actively working to reduce GHG emissions from selected categories where we either have a significant climate footprint, or we believe we can have a substantial impact. This includes printed products, covermounts and toys, packaging, business travel, and freight transport.
We know that we can do even more, and we have therefore conducted value chain analyses across our many business areas to identify where it makes the most sense to take the next important steps toward a more sustainable Egmont. Going forward, we will broaden our efforts to reduce GHG emissions across our value chains.
The final validated SBTi targets support Egmont’s Go Greener strategy
In April 2024, we joined the globally recognised Science Based Targets initiative (SBTi), committing to set near-term GHG emission reduction targets in line with climate science and the Paris Agreement ambition to keep the global temperature increase below 1.5 °C. In August 2026, our targets were validated.
“Having our targets validated by the Science Based Targets initiative is an important milestone in our Go Greener journey and demonstrates our commitment to taking responsibility for the climate impact of our businesses across Egmont. Achieving our target will require continued efforts to reduce GHG emissions across our business areas and key value chains in the years ahead.” - Helle Bjørnskov Fischer, Vice President Corporate Legal & Sustainability.
SBTi’s validation of the near-term targets is a significant milestone for Egmont and Go Greener.
Our targets cover all Egmont companies’ GHG emissions – both in our own operations (scope 1 and 2) and our value chain (scope 3). Our targets are:
Egmont Fonden commits to reduce absolute scope 1 and 2 GHG emissions 91.25% by 2035 from a 2019 base year.
Egmont Fonden also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution and use of sold products 37.5% by 2035 from a 2021 base year.
Egmont Fonden further commits that 40.0%* of its suppliers by emissions covering purchased goods and services, will have science-based targets by 2030.
Progress on the targets will be reported in our Sustainability Report 2026.
Footnote: * The supplier engagement target applies to selected supplier categories within scope 3 category 1 (purchased goods and services). Remaining category 1 emissions are covered by our absolute scope 3 reduction target.
from across Egmont
We bring stories to life that matter to people and society. Through TV, film, games, books, magazines and more, we are driven by stories that enlighten, entertain, inspire, educate, and push for change.
Nordisk Film works continuously and determined to reduce its power consumption. The cinemas account for a large part of Nordisk Film’s, and therefore also Egmont’s, total power consumption, so great effort is therefore being made to reduce it.
Every day, Egmont’s e-commerce businesses send out thousands of items to customers. Occasionally, items are returned because they are not the right size or style, are wrong or perhaps have a minor defect. But Outnorth makes sure that all products that are returned are either resold or used in other ways.
