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Lego invests $2.4 million in direct-air capture carbon removal

Heather Clancy of GreenBiz reports that Lego is partnering with Climeworks to reduce its emissions.

The C3 Take
  • Lego Group plans to invest $1.4 billion between 2023-2025 on emissions reduction and sustainability initiatives, including its first carbon removal contract with Climeworks for direct air capture of CO2.

  • The company aims to reduce absolute carbon emissions across its operations and supply chain by 37% by 2032, through measures like renewable energy investments, an internal carbon price, travel reductions, and tying executive pay to emissions goals.
  • A major focus is finding alternatives to oil-based plastics for its iconic toy bricks, with plans to shift to renewable/recycled materials by 2032 using substances like bio-polyethylene, recycled marble, and plastics made from biowaste CO2.

“About 80 percent of Lego bricks are made from oil-based materials, and the company acknowledged in September that it would be unable to meet a 2021 pledge to use recycled plastic without boosting production emissions. The company sells an estimated 60 billion bricks annually.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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