Improving Operational Efficiency Investing in operational and energy efficiency projects to reduce direct and indirect emissions Increase in output production but with a decrease in GHG intensity 10% by 2025 and 30% by 2030. Reduction in energy consumption and 5% energy intensity reduction by 2025 and 15% by 2030. Increase PET bale input to 0.75 million tons by 2025 and 1.5 million tons by 2030, while the bottles recycled per year and increase to 50 billion by 2025 and 100 billion by 2030. Achieve 16% biomass usage and 10% rPET usage inmanufacturing by 2030, through reduced non-renewable raw material input. Reduction in energy intensity and combined GHG Scope 1 & 2 intensity. Reduction in GHG Scope 1 & 2 intensity. Renewable Electricity Decarbonizing IVL’s energy consumption by onsite and offsite renewable electricity projects Recycling Investing in and expanding recycling facilities to address plastic pollution and reducing lifecycle carbon emissions Future Technologies Exploring opportunities for CCUS, green hydrogen, bio/renewable feedstocks, and Renewable Natural Gas (RNG) Circular Feedstocks Replacing fossil fuel-based feedstocks with bio-based and recycled feedstocks Natural Capital Solutions Exploring partial/full ownership of carbon offsetting projects OUR DECARBONIZATION STRATEGIES TARGETS 31 SUSTAINABILITY REPORT 2021 OUR DECARBONIZATION STRATEGIES Our new Decarbonization Strategy, an enhancement of our 2025 Climate Ambitions, was developed to provide a more focused approach to our ambitious climate targets. We take climate science seriously through measurable actions to reduce the rising of global temperatures. We are a signatory to the Task Force on Climate-related Financial Disclosures (TCFD), continually monitor and adapt our business activities and decisions to ensure that sustainability governance is a key foundation for our business success and are finalizing our commitments towards the Science - Based Targets initiative (SBTi). Responsible Business and Effective Governance Driving Sustainable Value Creation and Growth Towards Net Zero Carbon Empowering Our People and Communities Global Performance Data GRI Standard Content Index
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