LTP Annual Sustainability Performance Report 2023

Materials, Durability & Circularity

Furniture - FSC certified cardboard & wood In the manufacturing of furniture wood is a key material used, and cardboard is a material employed for packaging purposes. Recognizing the environmental impact of conventional materials, the Furniture Division of LTP Group has undertaken efforts to replace traditional wood and cardboard with FSC certified alternatives. In our own wood factory we use 100 % FSC certified wood.

FSC Certified Wood

2025 Target

50 %

81

59

81,6

We are pleased to note positive progress in sourcing FSC wood and cardboard. There has been a doubling in the FSC certified wood from 19 % to 41 %, and a substantial increase from 60 % to 85 % in FSC certified cardboard. In 2024, our aim is to sustain or further enhance the proportions of FSC certified wood and cardboard in our operations.

19

41

2022

2023

FSC certified wood

Wood

LTP Wood Factory in Lithuania

FSC Certified Cardboard

2025 Target

40

15

90 %

19007

81,6

60

85

2022

2023

FSC certified Cardboard

Cardboard

30

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