Alligo AB’s Climate Targets Gain SBTi Validation

Alligo AB Class B ( ($SE:ALLIGO.B) ) has shared an update.

Alligo AB has received validation from the Science Based Targets initiative (SBTi) for its ambitious climate targets aimed at significantly reducing greenhouse gas emissions. This strategic milestone enhances Alligo’s reputation as a sustainability leader in its industry and aligns with global efforts to limit warming to 1.5°C. The company aims to achieve net-zero emissions by 2050, with interim goals to cut emissions by 42% by 2030 and ensure a majority of its suppliers set science-based targets by 2029. This initiative underscores Alligo’s commitment to sustainability and its proactive approach in collaborating with suppliers to mitigate climate impacts.

More about Alligo AB Class B

Alligo is a prominent Nordic company specializing in workwear, personal protection, tools, and consumables. It operates through brands like Swedol in Sweden and Tools in Norway and Finland, utilizing various sales channels including stores, digital platforms, and on-site services. The company also engages in non-integrated businesses in areas such as product media, welding, and batteries. Alligo employs around 2,500 people and generates an annual turnover of approximately SEK 9.3 billion. It is publicly listed on Nasdaq Stockholm.

Average Trading Volume: 25,826

Current Market Cap: SEK5.71B

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