SUSTAINABILITY

CARBON OFFSETTING

Responsibility while we transform

While we transform our operations and value chain to reduce emissions, we choose to invest in carbon projects that at least help reduce emissions at a global level.

The projects we support are certified under Gold Standard or similar schemes, and we prioritise project types with a high likelihood of additionality – meaning they lead to emissions reductions that would not otherwise have happened. One example is projects that capture methane from landfills, preventing the release of a highly potent greenhouse gas.

“We do not include carbon offsetting in our emissions reporting, and we do not count it towards our own emissions reduction targets.” - Staffan Till, Sustainability Manager, Silva

Our investments

In 2023 and 2024, we have invested in two carbon projects:
- Manufacturing and distribution of improved cookstoves in Nigeria
- Methane capture from manure for energy production in Guangdong, China

Our investment in these projects covers 125% of the emissions described above.

Carbon removal through biochar

For our Scope 1 emissions in 2024, we have invested in carbon removal through biochar – a portfolio of three projects in Finland, Ghana and the USA.

SUSTAINABILITY REPORT
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