illuminem summarizes for you the essential news of the day. Read the full piece on ESG Today or enjoy below:

🗞️ Driving the news: The LEGO Group has launched a new Supplier Sustainability Programme to enhance collaboration with suppliers on climate goals, mandating emissions reduction targets and reporting requirements

🔭 The context: This initiative is part of LEGO's broader climate action plan, aiming for net-zero emissions by 2050 and a 37% reduction by 2032
• Scope 3 emissions, which include supplier activities, account for over 99% of LEGO's carbon footprint

🌍 Why it matters for the planet: Addressing Scope 3 emissions is crucial for LEGO’s climate goals, and the new programme helps ensure suppliers also focus on sustainability, thereby promoting broader environmental impact

⏭️ What's next: Starting in 2024, suppliers must report carbon emissions annually and set near-term targets by 2026 and 2028
• LEGO will also collaborate with suppliers on improving efficiency, switching to renewables, and reducing transportation emissions

💬 One quote: “A net-zero world is simply not possible unless we find solutions that are greater than our own operations
• We want children to inherit a healthy planet and there’s no time to waste.” – Annette Stube, Chief Sustainability Officer, LEGO Group

📈 One stat: Scope 3 emissions account for more than 99% of LEGO Group’s carbon footprint

Click for more news covering the latest on corporate sustainability