Logitech releases FY24 impact report

Consumer technology company Logitech International has published its annual fiscal year 2024 impact report detailing its progress toward its sustainability goals.

The company, which has headquarters in Switzerland and San Jose, California, reports continued product carbon reduction progress at scale by designing for sustainability across its portfolio. It says in 2023, modifications at the product level amounted to a reduction of nearly 139,000 tons of CO₂ equivalent (tCO₂e) across its portfolio and operations.

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“Logitech continues its impactful and pioneering sustainability efforts,” CEO Hanneke Faber says. “In our quest to achieve our ambitious near-term target of reducing Scope 3 emissions by 50 percent by 2030, we have now reduced our carbon footprint (Scopes 1 and 2) by 58 percent since 2019 and our value chain (Scope 3) emissions by 24 percent compared to 2021. Designing for sustainability and using renewable energy sources will be our pathway to further lowering our footprint.”

Logitech says environmental and social impacts are factored into every design decision from the moment raw materials are sourced through the end-of-life of a product, and adds that it incorporates product carbon footprint reduction into its design criteria across its portfolio. The impact report features several products that have achieved carbon reductions by implementing design for sustainability practices, including its Wave Keys wireless keyboard with a 37 percent carbon footprint reduction compared to the first generation, and the Casa Pop-Up Desk with a 34 percent carbon footprint reduction compared to a “do nothing” scenario.

By enhancing and scaling its design for sustainability competencies, the company says it has reduced its carbon footprint and achieved the following:

• Three in four products used recycled plastics, eliminating more than 25,000 tCO₂e in 2023. The company says a total of 75,000 tCO₂e and over 30,000 tons of virgin plastic have been avoided since the program began in 2020.
• Sixty-six percent of Logitech products now are carbon labeled, up from 42 percent in 2022. The company says it is on target to carbon label all its products by the end of 2025.
• Sixty-six product lines use low-carbon aluminum, produced with renewable energy, eliminating 13,000 tCO₂e in 2023.
• Nineteen percent of products use FSC-certified paper packaging, and Logitech says 73 percent of new product introductions have moved to FSC-certified packaging.
• Across the globe, the company says 94 percent of its electricity footprint comes from direct and indirect renewable electricity purchases.

Additionally, Logitech says it successfully has achieved gender parity at the top of the company, with a 50/50 male-to-female ratio led by a female CEO. Its board of directors posts 40 percent female representation.

The company says it continues to elevate programs and products that promote equity and inclusivity in communities throughout the world. In addition to working toward narrowing the gender gap in the tech industry at large, it says it is focused on creating safe and inclusive digitally accessible environments and partnering with organizations like Girls Who Code, AbleGamers, GLAAD, Team4Tech, and The Royal College of Art in London. Its continued work with Pensole Lewis College (PLC), a historically Black college, furthers design creativity and advances STEAM educational programs in BIPOC communities.

Also, the company’s Supplier Diversity Pledge encourages Black-, women- and minority-owned partnerships and it has expanded outreach to diverse suppliers. Logitech says it maintained its Gender Fair certification for the third year since co-founding the Coalition for Gender Fair Procurement in 2021.

Logitech says its impact report was developed with reference to the Global Reporting Initiative standards, and in alignment with the United Nations Global Compact and UN Sustainable Development Goals.