Tag: Science Based Targets

AECOM leads industry with Science Based Targets initiative-approved emissions reduction targets

Stuart Mitchell

AECOM have announced that its ambitious emissions reduction targets have been approved by the globally-recognized Science Based Targets initiative (SBTi). At the time of approval, AECOM was the first and only U.S.-based company in the engineering and construction sector to have set approved targets. Designed to meet the goals of the Paris Agreement, these targets include a 20 percent reduction in scope 1 and 2 emissions and a 10 percent reduction in supply chain emissions by 2025 from the firm’s 2018 baseline. “During these unprecedented times, business resilience and continuity…

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Science Based Targets Initiative Approves Ricoh’s New Environmental Goals which align with their 1.5°C criteria

Stuart Mitchell

Ricoh Company, Ltd., announced that it has met Science Based Targets Initiative (SBTi) criteria for setting emissions reduction goals that help limit the rise in global temperature to 1.5°C above pre-industrial levels. The SBTi is a joint initiative of CDP, the UN Global Compact, the World Resources Institute, and the World Wildlife Fund that aims to enable leading companies to set ambitious and meaningful corporate greenhouse gas reduction targets. The SBTi recognition stems from a Ricoh decision to review its Group Environmental Goals under its 20th Mid-Term Management Plan, which…

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Nilfisk Joins the Science Based Targets Initiative – Commits to Reduce Carbon Footprint by 35 Percent

Stuart Mitchell

Nilfisk acknowledges the importance of making a serious effort to reduce its climate footprint and is ready to take the next step toward doing so by joining the Science Based Targets initiative (SBTi). The SBTi is the only global initiative that directly links a company’s carbon-emission targets to the Paris Agreement and associated global efforts, in order to keep the rise in global temperature below 1.5°C. Nilfisk is committed to reducing its carbon footprint resulting from direct emissions, as well as emissions from purchased electricity, by at least 35% before…

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VF Corporation Announces New Science-Based Targets to Accelerate Social and Environmental Responsibility Programs

Stuart Mitchell

VF Corporation, one of the world’s largest apparel, footwear and accessories companies, today published the latest iteration of its Made for Change Sustainability & Responsibility report, including the announcement of industry-leading science-based targets (SBTs) and a bold vision for sustainable materials. VF’s Made for Change report details the company’s aspirations for advancing environmental and social improvements across its business, portfolio of brands, global supply chain and communities worldwide. The report also highlights achievements from the last reporting year, which was 2018. “Our workforce of 50,000 performance-driven people share a commitment…

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HeidelbergCement first cement company to receive approval for science-based CO2 reduction targets

Stuart Mitchell

Following a thorough validation procedure, HeidelbergCement’s CO2 reduction targets 2030 have been successfully assessed against the Science Based Targets initiative’s (SBTi) criteria. This makes HeidelbergCement the first company in the cement sector, and one of currently only about 200 companies worldwide, to have approved science-based targets. The SBTi independently assesses and validates corporate emissions reduction targets against the latest climate science: Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered “science-based” if they are in line with the goals of the Paris Agreement – to limit global…

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