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Press release

RevolutionRace’s new climate targets validated by the Science Based Targets initiative

RVRC Holding

RevolutionRace today announces new climate targets, validated by the Science Based Targets initiative (SBTi). The new targets means that RevolutionRace is committed to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 50% by 2030, using 2022 as the base year, and to reduce Scope 3 GHG emissions by 52% per sold unit by 2030, compared to the 2022 base year.

Our mission is to make nature accessible for everyone and as we continue our journey, the new climate targets demonstrates that our commitment to reduce GHG emissions is of high importance and at the core of our way of working, says Paul Fischbein, CEO of RevolutionRace.

For more information about RevolutionRace and our sustainability initiatives, visit: https://corporate.revolutionrace.com/en/sustainability/

About the Science Based Targets initiative (SBTi)
The Science Based Targets initiative (SBTi) is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis.

SBTi develop standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at latest.

The SBTi is incorporated as a charity, with a subsidiary which will host its target validation services. SBTi’s partners are CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF).
www.sciencebasedtargets.org

For more information, please contact:
Stephanie Andersson, Sustainability Manager
E-mail: stephanie.andersson@revolutionrace.se

Tuva Lagerbäck, PR & Communication Manager
Phone: +46 (0)707885383
E-mail: tuva.lagerback@revolutionrace.se

About RevolutionRace
RVRC Holding AB (publ) (RevolutionRace) is a fast-growing outdoor brand offering multifunctional products including clothes, shoes, backpacks, and accessories to people with an active lifestyle. RevolutionRace ambition is to create high-quality, colorful, and affordable outdoor products with an amazing design and fit at unmatched value under the tagline “Nature is our playground.” The company operates with a digital D2C business model reaching customers in approximately 40 countries. The company was founded in 2013 and is listed on Nasdaq Stockholm since 2021. RevolutionRace is on a mission – to make the nature accessible for everyone!

Stay updated on latest news by subscribing to press releases and financial information: https://corporate.revolutionrace.com/en/subscribe/

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