Tag: Science Based Targets

Mondi’s science-based Net-Zero targets for greenhouse gas emissions reduction validated by SBTi

Stuart Mitchell

Mondi, a leading global packaging and paper solutions provider, confirms that the Science Based Targets initiative (SBTi) has assessed and approved its science-based Net-Zero targets. The targets covering greenhouse gas (GHG) emissions from Mondi’s operations and supply chain (Scopes 1, 2 and 3) are consistent with a reduction required to keep global warming to 1.5oC, needed to prevent the most damaging effects of climate change according to the latest climate science. Mondi announced its commitment to Net-Zero GHG emissions reduction in January 2022 and is among the first companies in…

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Clear Channel Europe becomes the first Out of Home media owner to commit to ambitious Science Based Targets initiative

Stuart Mitchell

Clear Channel Europe is now the first Out of Home Media Owner to commit to the Science Based Targets initiative (SBTi), further demonstrating our dedication to becoming a carbon net zero organisation.    Science-based targets provide a clearly defined pathway for companies to reduce greenhouse gas emissions, helping prevent the worst impacts of climate change and ensuring sustainable business growth.  What makes an emissions target ‘science-based’ is if it is in line with the reductions needed to meet the global commitment under the Paris Agreement to limit climate warming to…

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Yum China’s Science-Based Targets Approved, Aiming for Over 60% GHG Emissions Reduction by 2035

Stuart Mitchell

Yum China Holdings, Inc. has announced that the Science Based Targets initiative (SBTi) has approved the Company’s near-term science-based emissions reduction target, making the Company the first restaurant company in China to reach this milestone. Yum China has pledged to align its business with the most ambitious aim of the Paris Agreement, to limit global temperature rise to 1.5°C above pre-industrial levels and reach net-zero by 2050. Approval of the near-term science-based targets (SBTs) marks a significant milestone of the Company’s journey towards net-zero value chain GHG emissions by 2050.…

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The Science Based Targets initiative (SBTi) announces latest developments to cement its leading position and continue to drive exponential growth

Stuart Mitchell

The Science Based Target initiative (SBTi) is unveiling three important updates to accelerate the growth of corporate climate action. The initiative is: Moving ahead with incorporation as a stand-alone entity. Calling for nominations and applications for the new SBTi Technical Council and publishing its terms of reference. Urging all stakeholders to help shape our future work by completing our survey. Incorporation of the SBTi In June 2022, the Science Based Targets initiative (SBTi) announced its intention to incorporate as a formal institution, linked to but separate from its founding partners…

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DuPont Commits to Set Science-Based Targets for GHG Emissions Reduction

Stuart Mitchell

DuPont recently announced it has committed to setting science-based targets to reduce greenhouse gas (GHG) emissions in line with the Science Based Targets initiative (SBTi), a partnership between CDP, the UN Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). As part of its commitment, DuPont plans to work closely with SBTi to determine GHG emissions reduction targets for Scope 1 and 2 emissions aligned with the Paris agreement which sets the goal of limiting global warming to 1.5°C. In addition, DuPont will also work…

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