We practice just-in-time inventory management practices to keep our inventory as lean as we can to reduce unnecessary overstock. Our inventory management is continuously analysed so we are buying and warehousing only the most relevant stock. We maintain a less than 2% ratio of aged inventory versus new inventory on hand.
Our warehouses are located in Sweden, the US and Australia. We plan further decentralised fulfillment centers to further reduce last mile emissions and reduce delivery times.
Our third Party Logistics partners work in accordance to the United Nations Global Compact, the Paris climate Agreement, and report annually on their commitment to the following goals by 2030:
Reduce their absolute scope 1 and 2 emissions by 40% (baseline year is 2019); and
Reduce their absolute scope 3 emissions by 30% (baseline year is 2019)