Sustainability strategy

MEKO's sustainability strategy is part of the business strategy and concretizes into why, how and what we do within our business to contribute to a more sustainable world.

We are convinced that strong sustainability work is necessary for us as a company to be able to deliver a strong financial result, that we attract and retain our employees and that we as a company remain relevant in the future. As a market leader, we shall be the leader in sustainability in our industry and take great social responsibility.

The sustainability strategy is part of the business strategy

The strategy is based on to enable safe and sustainable mobility for all. The sustainability strategy is part of the business strategy.

Set conditions for better operations

How:

Climate policy in place (SBT).
Attractive employer: Attract, retain and activate.
Develop sustainable and circular products.
Responsible sourcing.

Enable better workshops

How:

Reduce enviroment impacts.
Lead competence development across own, affiliated and other workshops.
Equal, inclusive and safe workplace.

Make better mobility happen

How:

Ensure service to all low emission customers.
Innovate for safe, sustainable and circular usage of vehicles.
Nudge customers towards sustainable solutions and products.

Leading the way with science-based climate targets (SBT)

Since 2025, MEKO has established both short- and long-term climate targets approved by the Science Based Targets initiative (SBTi), a globally recognized standard that ensures corporate emission goals are scientifically robust and aligned with international climate policy.

The science-based climate targets build on MEKO’s long-standing commitment to integrating sustainability in the automotive aftermarket is strategically vital, and SBTi-approved targets provide a stronger foundation for MEKO’s ongoing progress. By linking sustainability performance directly to business outcomes, MEKO demonstrates that sustainability is not a separate initiative – it is a core driver of long-term value and business resilience.

MEKO’s approved climate targets

Overall Net-Zero commitment:

MEKO commits to net-zero greenhouse gas emissions across entire value chain by 2050.

Near-Term Targets (by 2033):

Reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 54.6 percent, from a 2023 base year.*
Reduce absolute Scope 3 GHG emissions from the use of sold products for fossil fuel products
by 54.6 percent, from a 2023 base year.
MEKO commits that 85 percent of our suppliers by spend, covering purchased goods and services, have set their own science-based targets by 2030.

Long-Term Targets (by 2050):

Reduce absolute Scope 1 and 2 GHG emissions by 90 percent from a 2023 base year.*
Reduce absolute Scope 3 GHG emissions from the use of sold fossil fuel products by 90 percent, from a 2023 base year.
Achieve a 97 percent reduction in Scope 3 GHG emissions per million SEK of value added within the same timeframe.

*Target boundaries include land-related emissions and removals associated with bioenergy feedstocks.