Asp?'s Scientific Commitment to Emission Reduction
Asp? has made significant strides in addressing climate change by setting ambitious emission reduction targets that have received approval from the International Science Based Targets initiative (SBTi). These targets align with the latest climate science to limit global warming to 1.5 degrees Celsius, underlining Asp?'s commitment to sustainable practices.
Understanding the Targets
Asp?'s commitment includes a 42% reduction in its direct greenhouse gas emissions, classified as scope 1 and 2, by the year 2030. This reduction will be facilitated through investments in new fleets and a transition to renewable fuels. Recognizing that a large portion of its emissions stems from its supply chain, Asp? aims to engage with partners to address scope 3 emissions effectively.
Leading the Way in Climate Responsibility
Asp?’s proactive approach also means abandoning the distribution of fossil fuels used for energy production, including energy coal, by 2030 at the latest. Taru Uotila, Senior Vice President of Legal and Sustainability, emphasizes Asp?'s desire to lead in climate action within their industries, reinforcing their commitment to customer support and sustainable choices.
Investment in Sustainable Solutions
The company's strategic investments in new, energy-efficient vessels highlight its dedication to reducing its carbon footprint. These modern vessels play a crucial role in facilitating the green transition for various industries in the Nordics.
A Breakdown of Asp?'s SBTi Verified Targets
Asp?’s verified near-term targets focus on comprehensive strategies that include:
- Reducing absolute scope 1 and 2 greenhouse gas emissions by 42.0% by 2030 from a 2023 baseline.*
- Engaging 50.0% of its suppliers by emissions covering purchased goods and services to set science-based targets by 2029 (scope 3).
- Achieving a 100% reduction of scope 3 GHG emissions related to the use of sold products involving distributed fossil fuels by 2030 from a 2023 baseline.
* The target boundary includes land-related emissions and removals from bioenergy feedstocks.
The Role of Science Based Targets Initiative
The Science Based Targets Initiative (SBTi) provides essential guidelines for companies to establish their greenhouse gas emissions reduction goals based on the latest scientific data. By collaborating with SBTi, businesses ensure that their environmental efforts align with global mandates, such as the Paris Agreement, helping to avert irreversible climate change.
Targets for ESL Shipping
Asp?'s commitment to sustainability is not isolated. The near and long-term targets for ESL Shipping have also been approved by SBTi, indicating a broader industry commitment to reducing emissions.
Contact and Further Information
If you’re interested in learning more about Asp?'s sustainability initiatives, please reach out to Taru Uotila, Senior Vice President of Legal and Sustainability at Asp?. You can reach her by phone at +358 40 8622318 or via email at taru.uotila@aspo.com.
Frequently Asked Questions
What are Aspo's emission reduction goals?
Asp? aims for a 42% reduction in direct greenhouse gas emissions by 2030, focusing on sustainable practices across its operations.
How does Aspo plan to achieve these targets?
The company plans to achieve its emission reduction goals through investments in energy-efficient vessels and the use of renewable fuels.
What is the Science Based Targets Initiative?
The SBTi provides a global framework to help companies set scientifically-based emissions reduction targets in line with climate goals.
What specific actions is Aspo taking to cut emissions?
Asp? will cease the distribution of fossil fuels for energy production and work with suppliers to reduce emissions throughout its supply chain.
How can I contact Aspo for more information?
For further inquiries, you can contact Taru Uotila at +358 40 8622318 or email her at taru.uotila@aspo.com.
