Doing it right
We are committed to making changes that truly have an impact. To do this, we must align with the latest climate science in order to meet the goals of the Paris Agreement – to limit global warming to well below 2°C above pre-industrial levels and pursue efforts to limit warming to 1.5°C.
The Science Based Targets initiative mobilizes companies to set science-based targets in the transition to the low-carbon economy. It is a collaboration between the Carbon Disclosure Project (CDP), the United Nations Global Compact, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and one of the We Mean Business Coalition commitments. The initiative defines and promotes best practices in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.
We have chosen to use publicly available standards and third party certifiers to ensure our efforts in this area are science- and fact-based. We are committed to accountability and transparency throughout the process. We are assessing our full supply chain and product life cycles to ensure we can drive positive impact at every stage of the business cycle.
Looking at the full picture
Using the Institute for Energy, Ecology and Economy’s (DFGE) approach to carbon footprint accounting, we understand that it is important to go beyond Scopes 1 and 2 and assess Scope 3 emissions as well. This will help us to ensure we are looking at all greenhouse gas emissions and taking every opportunity to reduce them.
Scientific approach with validated data
Our data and targets will be validated by the Science Based Targets Initiative, who will ensure that our targets meet their rigorous criteria. We have selected third-party validation and calibration to ensure we are selecting initiatives that will have the desired impact, and to ensure we continually have access to the latest climate science data and best practices for corporations.