article-article-body
Lego, the world’s largest toy manufacturer, has built a reputation not only for the durability of its bricks, designed to last for decades but also for its substantial investment in sustainability. The company has pledged US$1.4 billion to reduce carbon emissions by 2025, despite netting annual profits of just over $2 billion in 2022.
This commitment isn’t just for show. Lego sees its core customers as children and their parents, and sustainability is fundamentally about ensuring that future generations inherit a planet as hospitable as the one we enjoy today.
So it was surprising when the Financial Times reported on September 25, 2023, that Lego had pulled out of its widely publicised “Bottles to Bricks” initiative.
Handpicked for you
Coles’ Scope 3 goals a wake-up call for SMEs to track emissions
Coles has stated that it intends to set Scope 3 sustainability targets with at least 75% of its suppliers over the next four years.
A step-by-step guide for directors to raise ESG score
ESG has become increasingly prominent, and environmental campaigners more assertive. Let’s look at some concrete steps that directors should take when analysing ESG, and especially environmental and social issues.
COMMENTS
Reader comments will be back online shortly. In the interim send us any tips or feedback via news@smartcompany.com.au.