Lego plans to use green resources for iconic plastic toys
The company will invest DKK 1 billion on R&D to find new, sustainable, raw materials to manufacture Lego elements as well as packaging materials
BS B2B Bureau B2B Connect | Billund, Denmark
The company last month also announced DKK 1 billion (about $ 145 million) investment dedicated to research, development and implementation of new, sustainable, raw materials to manufacture Lego elements as well as packaging materials.
Jorgen Vig Knudstorp, CEO and president of the Lego Group, said, “This is a major step for the Lego Group on our way towards achieving our 2030 ambition on sustainable materials. We have already taken important steps to reduce our carbon footprint and leave a positive impact on the planet by reducing the packaging size, by introducing FSC certified packaging and through our investment in an offshore wind farm. Now we are accelerating our focus on materials.”
Also Read
The Lego Sustainable Materials Centre organisation will be established during 2015 and 2016, and it is expected that it will include satellite functions located in relevant locations around the globe. In addition, the centre will collaborate and develop partnerships with relevant external stakeholders and experts.
The decision to significantly boost the search for sustainable materials was taken at the recent General Assembly of the Lego Group in May 2015.
In 2012, the Lego Group first shared its ambition to find and implement sustainable alternatives to the current raw materials used to manufacture Lego products by 2030. The ambition is part of the Lego Group’s work to reduce its environmental footprint and leave a positive impact on the planet our children will inherit. As an example, in 2014 more than 60 billion Lego elements were made – and finding alternatives to the materials used to make these bricks would significantly reduce the Lego Group’s impact on the planet.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jul 06 2015 | 4:09 PM IST