Sustainability
Coor had its 2040 net zero emissions target validated by the SBTi in 2023. The company is now working intensively to scale up high-impact activities in the short term and prepare for changes that will lower CO₂ emissions and boost its competitiveness in the long term.
The transition to net zero is crucial for Coor’s future competitiveness. In order to achieve its target by 2040, Coor began in autumn 2024 to break down the overall strategic plan into tactical and operational levels. Key functions in sales, service development, procurement, IT and executive management have been engaged to build support for the coming work.
“We are already working on six key enablers that will drive Coor’s transformation. In our efforts to give concrete form to our net zero plan, we also identified which activities we need to scale up and harmonise throughout the Group to achieve the required emission reductions,” says Hanna Cedervall, Sustainability Manager at Coor.
Coor needs to drive sales towards services that are more circular and generate lower CO₂ emissions. Net zero needs to underpin Coor’s entire service portfolio and how we work with both customers and suppliers.
“Coor already offers several such services, and going forward our task will be to adapt our entire service portfolio and build demand for these types of services,” explains Kajsa Bårman, Sustainability Strategist at Coor.
With more and more of Coor’s customers demanding FM services with a low carbon footprint, Coor launched two new concepts in 2024 that are expected to further boost demand. Carbon Insight provides a detailed picture of CO2 emissions linked to Coor’s delivery. Envirosense includes all emissions linked to the customer’s workplace, such as commuting to and from the workplace and office waste. This enables a shared understanding with the customer of where the emissions come from and what generates high and low emissions.
“Our new concepts are an important key to increasing sales of circular and decarbonised services. They enable transparency and allow us to examine together how we can develop Coor’s services to create value for the customer while also reducing emissions,” says Kajsa Bårman.
“To reach net zero, we need to phase out fossil fuels and increase circularity throughout our value chain,” says Hanna Cedervall.
The potential reductions from the activities included in the plan today are not sufficient to reach net zero by 2040. The remaining emissions gap needs to be closed through innovation and new technologies. The project equips Coor to map out what this innovation gap looks like, enabling the company to discern what types of innovations are needed and which supplier partnerships are central to success going forward.
“Looking ahead, we need to move from traditional customer and supplier relationships to deeper partnerships, focusing on how all players in the value chain can become profitable in a more sustainable way than today,” Hanna Cedervall concludes.
Circularity
FM services based on circular material flows. Engage suppliers and customers through circular business models.
Technology and business innovation
Utilise innovative technologies and business models to bridge the innovation gap and test new solutions.
Decarbonise the business
Optimise resources, improve energy efficiency, use renewable energy and invest in high-quality carbon credits.
Alliances and partnerships
Strategic partnerships inside and outside our ecosystem to implement climate action, share best practices and foster innovation.
Dietary changes
Serve healthy and tasty meals within the planetary boundaries, reduce food waste and work together to use regenerative farming practices.
Green financing
Sustainability-linked loans and investments that support the transition to net zero.
