Environment

We feel responsible and thus determined to take any possible actions to combat climate change and its subsequent impact. Environmental responsibility is:

• an integral part of our vision for the development of the entire Group, as well as individual Business Entities;
• one of the pillars of our business strategy
• a key component of our ESG strategy;
• and finally the topic of the “Raben Group Climate and Environmental Policy” which we implemented in 2021 on the Group level.

Raben Group's SBTi near-term targets are to reduce Scope 1 and Scope 2 emissions by 38.7% by 2030 (compared to the level of emissions in 2020). In addition, in order to achieve the goal of the Paris Agreement, Raben Group has committed itself to engaging its regular carriers, collectively responsible for 77% of Scope 3 emissions, in climate action by 2026, and for them to set emission reduction targets in line with scientific knowledge.

Additionally, in 2024 we plan to set new, more ambitious SBTi decarbonization goals, consistent with the 1.5°C scenario.