As Lego profits grow, company seeks to make products out of renewable materials

  • 📰 10News
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Rooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.

As Lego reported a 13% increase in revenue in the first half of 2024, the company is hoping to use some of its success to make its toys more environmentally friendly. The Danish company said 22% of the materials it used in the first half of 2024 were made out of recycled and renewable materials. In 2023, the company said just 12% of its products came from renewable resources.

Police recover over $200K worth of Lego sets in huge retail crime bustThe company said it intends to make over half of its products using renewable resources in the coming years. 'The mass balance approach helps us embark on the transition to using more and more renewable raw materials, but it’s not the end goal,' Lego said. 'Our ambition is that by 2032, our products will be made from more materials that are renewable or recycled.

Lego to make all stores sensory-inclusive for people with autism

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 732. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines