NWG // SUSTAINABILITY REPORT
Implementation of system support To improve the measurability and reporting of data related to emissions, resource flows, and increased reporting requirements, significant work is underway to review data flows and system support. This includes rolling out PLM systems( Product Lifecycle Management) and implementing systems for traceability and transparency in the value chain.
Targets related to climate change mitigation and adaptation Products with sustainability attributes An essential part of New Wave Group ' s efforts to mitigate climate change is transitioning to more preferred materials and / or smarter manufacturing processes. New Wave Group has chosen to measure this through an internal indicator, " products with sustainability attributes ". Product classifications are based on established industry practices. The list of materials and processes deemed preferred is updated and adjusted continually over time.
Textile products with sustainability attributes include products with one or more of the following certifications, materials, or environmentally smart processes: GOTS( Global Organic Textile Standard), Oeko-Tex, Fairtrade, recycled polyester, solution-dyed polyester, and recycled polyamide. Oeko-Tex is by far the most widely represented. So called " Hardline products " with sustainability attributes include products with one or more of the following certifications or materials: FSC( Forest Stewardship Council), recycled polyester, recycled rubber, sugarcane-based plastic, and recycled glass. This category also includes crystal products from Orrefors and Kosta Boda, made from crystal free of lead and arsenic.
2024 2023 2022 2021 2020 Target Comments
Products with sustainability attributes * |
Textile products
Hardline products
|
2,402( 69 %)
1,362 **( 40 %)
|
2,190( 63 %)
795( 23 %)
|
1,703( 49 %)
768( 22 %)
|
1,525( 44 %)
738( 21 %)
|
1,178( 34 %)
664( 19 %)
|
90 % year 2025 Number of
50 % year 2025
active products
|
* New Wave Group has around 7,000 active products( size / color not included) for sale in the Group. About 50 % are textile products and 50 % are hardline products. Reported percentages should be viewed with caution as the number of active products is an estimate due to challenges in consolidation at Group level. Target formulation is under revision to clarify the focus on new products having one or more sustainability attributes. Today, target fulfillment is a challenge due to many old products in stock.
** The increase is largely due to corrected figures for the number of crystal products from Orrefors and Kosta Boda made from crystal free of lead and arsenik.
Target for GHG emissions New Wave Group has internal guidelines for GHG emissions but has not yet established publicly communicated emission reduction targets. The formulation of such targets is currently under discussion by the Group ' s Board of Directors and Audit Committee.
Energy consumption and mix Energy consumption within the Group ' s companies primarily involves purchased energy for offices and warehouses. New Wave Group also has a smaller share of in-house production( at Kosta, Glasma, Seger, Toppoint, and Ahead), where direct energy use is more significant compared to other companies in the Group. These companies are undergoing more detailed energy mapping.
Energy consumption and mix * |
2024 |
Total fossil energy consumption( GWh) |
25.3 |
Share of fossil sources in total energy consumption(%) 60 % Total renewable energy consumption( GWh) 16.9 Share of renewable sources in total energy consumption(%) 40 % Total energy consumption( GWh) 42.2
* Information about the share of fossil sources and renewable sources in total energy consumption is an average of the companies ' reported estimates.
072 // ANNUAL REPORT