The Science Based Target initiative (SBTi) has approved Sustera’s near-term science-based emissions reduction target
We are proud to announce that Sustera’s near-term science-based emissions reduction target has been officially validated by the Science Based Targets initiative (SBTi).
Goal is to limit global temperature rise to 1.5°C
External validation confirms that our greenhouse gas reduction targets and action plans are in line with the latest climate science research as well as are fully aligned with the Paris Agreement’s goal to limit global temperature rise to 1.5°C.
The Science Based Target initiative (SBTi) is an internationally recognized and respected initiative with the ambitious goal of limiting global warming to 1.5 degrees Celsius. In practice, this means that companies must set science-based climate targets that can demonstrate a real reduction in carbon dioxide emissions.
Sustera committed to setting the science based near-term targets in September 2023. Over the past year, we have been developing the targets as well as created a comprehensive carbon reduction roadmap for the next decade to support our climate work. This process has involved detailed analysis of our carbon footprint, cross-functional collaboration, and the integration of best practices to set clear, measurable goals.
By setting and achieving these ambitious goals, we are reinforcing our commitment to sustainability and our role in the global transition to a low-carbon economy. This milestone reflects our commitment to a more sustainable future for all.
We look forward to sharing more updates as we continue on this important journey!
The Sustera’s formally validated near-term science based target is:
Sustera Group commits
- to reduce absolute scope 1 and 2 GHG emissions 65% by 2033 from a 2022 base year
- to increase active annual sourcing of renewable electricity from 28% in 2022 to 100% by 2030
- to reduce absolute scope 3 GHG emissions from business travel 50% by 2033 from a 2022 base year
- to reduce absolute scope 3 GHG emissions from employee commuting 40% within the same timeframe
- to, that 53% of its suppliers by emissions covering purchased goods and services, will have science-based targets by 2028.
Sustera’s approved target has been published in SBTi’s webpage, as well.
Read more
Writers
Marika Riikonen
leading expert, Finland
Lotta Kauppinen
sustainability manager, Finland