(PRESS RELEASE) STOCKHOLM, 20-Aug-2021 — /EuropaWire/ — Vattenfall, a European energy company with a mission to enable fossil free living within one generation, has announced it now delivers 100 percent fossil free hydro power to Orthex’s factories in Sweden and Finland. This is an important part in Orthex’s ongoing sustainability efforts and goals to be carbon neutral in production by 2030.
Last year, Vattenfall and Orthex Corporation, a leading Nordic producer of household products, signed an electricity supply agreement of 100 percent electricity from hydro power labelled EPD (Environmental Product Declaration) to the factory in Lohja, Finland. As of 2021 Vattenfall also delivers 100 percent electricity from hydro power labelled EPD to Orthex’s factories in Gnosjö and Tingsryd in Sweden. The total yearly volume in the Nordics is approx.16 500 MWh.
“Vattenfall has a clear strategy of enabling a fossil-free living in one generation and support our customers to reach their climate goals. Energy plays a central role looking at the life-cycle assessment (LCA) of products. By supporting Orthex to reach their high environmental ambitions shows that our product is important in the energy transition and our work is valued by the industry,” says Magnus Westberg, Head of Production Clients at Vattenfall Business Sales Nordics.
Orthex is constantly searching for sustainable raw materials in their plastic products and increasing the use of recycled and bio-based materials and decreasing the carbon footprint in the production. The change to fossil free electricity in Finland resulted in reduced CO2 emissions of more than 600 ton in 2020.
“In all decisions we take, we look at the environmental impact. Global warming is one of the biggest environmental problems. We want to do what we can to reduce emissions in our own business and I believe this gives us a competitive advantage. Vattenfall is a reliable partner and in Finland we have worked together since 2017. It is a natural step for us to change our whole electricity delivery in the Nordics to fossil free hydro power. This supports our goal to be carbon neutral in production by 2030”, says Alexander Rosenlew, CEO at Orthex Corporation.
Sustainable resource use – Vattenfall
About Orthex Group
Orthex is a leading Nordic houseware producer that strives to make consumers’ everyday life easier with its products that are presented under the consumer brands SmartStore™ in storage products, GastroMax™ in kitchenware and Orthex™ in home and plant care categories. Orthex aims to be the industry forerunner in sustainability. Orthex’s net sales in 2020 was 75.9 million euros with an operating profit of 12.3 million euros. The company has customers in more than 40 countries and local sales offices in Finland, Sweden, Norway, Denmark, Germany, France and the United Kingdom. Orthex is listed on the Nasdaq Helsinki stock exchange. www.orthexgroup.com
SOURCE: Vattenfall AB