dsm-firmenich, innovator in nutrition, health and beauty, dsm-firmenich aims to reduce its greenhouse gas emissions to zero by 2045. The group has announced that its short- and long-term climate change targets have been validated by the Science Based Targets Initiative (SBTi).
SBTi also validated dsm-firmenich's short-term targets to reduce absolute GHG emissions from scopes 1 and 2 by 42 % by 2030, compared with the base year of 2021.
The target of reducing absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy activities, upstream transport and distribution, and waste generated in the course of operations, by 25 % by 2030, compared with the 2021 base year was also approved, as was the target of increasing the annual supply of purchased renewable electricity to 100 % by 2025, and maintaining this level until 2030.
SBTi believes that these targets are in line with the latest climate science and the goal of limiting global warming to 1.5°C.
"At dsm-firmenich, people, planet and profit are all of crucial importance, and our ambition to become net-zero by 2045 is underpinned by science and decisive action. Subjecting our climate targets to external validation underlines the unwavering importance we place on sustainability. We are delighted to embark on this journey alongside our customers and suppliers, whose partnership is essential to our collective success."commented Dimitri de Vreeze, CEO of dsm-firmenich.
"Our commitment to the fight against global warming goes beyond necessity. With our reach, scale and scientific expertise, we have a responsibility to make an impact that matters. Climate change is one of the most pressing issues of our time, and helping to solve it is a deliberate choice across our business, our value chain and beyond. That's how we make a difference for people and the planet," said Katharina Stenholm, Chief Sustainability Officer.
The company's climate change activities include operational efficiency improvements, a full transition to renewable electricity, reducing indirect emissions from the value chain in collaboration with suppliers, and working with customers to reduce emissions in their own operations through the solutions and services offered by dsm-firmenich.
SBTi is a collaboration between the United Nations Global Compact (UNGC), the World Resources Institute (WRI), CDP and the World Wildlife Fund for Nature (WWF), which aims to encourage companies to take ambitious action to combat climate change.
Photo taken from the dsm-firmenich website.
