Elanders Achieves Approved Climate Targets for Sustainability
Elanders Strives for Climate Sustainability
Elanders has recently received validation for its climate targets from the Science Based Targets initiative (SBTi). These targets have been recognized for their alignment with the most current climate science, aiming to adhere to the Paris Agreement's objective of limiting global warming to no more than 1.5 degrees Celsius.
A Commitment to Sustainable Practices
Åsa Vilsson, CFO of Elanders Group, expressed enthusiasm about this validation, stating, "Having our climate targets validated by the Science Based Targets initiative is a significant step in our long-term sustainability efforts. The SBTi validation provides us with a strong base for our continued work to reduce our climate impact and build a more sustainable business." This statement reflects the company's serious commitment to becoming a leader in sustainability.
Collaborative Approach to Climate Goals
John Nyberg, the Director of Sustainability at Elanders Group, also highlighted the importance of collaboration in achieving these targeted goals. He said, "The validation of our climate targets by SBTi is a clear demonstration of our commitment to sustainability. We have worked extensively to ensure that our goals are both ambitious and scientifically justified. Now, the important work continues to achieve these targets – in close collaboration with our customers, suppliers, and other key stakeholders." Such dedication showcases Elanders' resolve to encourage sustainability across its business model.
Details of Elanders' Climate Targets
Elanders has set forth tangible climate targets that include:
- Reducing greenhouse gas emissions within Scope 1 and 2 by 50% by 2030, based on the baseline year of 2021.
- Aiming for a 25% reduction in greenhouse gas emissions within Scope 3 by 2030, utilizing the base year of 2022.
- Achieving net-zero emissions across all scopes by 2050.
Support and Guidance from SBTi
The SBTi provides companies with a clear pathway for achieving climate targets that are scientifically backed, emphasizing the importance of corporate accountability in climate action. Elanders' alignment with these principles is a significant step towards fostering a more sustainable business framework while addressing the pressing issue of climate change.
Contact Information for Further Details
For any inquiries regarding Elanders’ sustainability initiatives, you can reach out to:
Åsa Vilsson, Group CFO, phone: 031-750 07 50
John Nyberg, Director Group Sustainability, phone: 031-750 07 50
Frequently Asked Questions
What are Elanders' climate targets?
Elanders aims to reduce greenhouse gas emissions by 50% in Scope 1 and 2 and by 25% in Scope 3 by 2030, and to achieve net-zero emissions by 2050.
Who validated Elanders' climate targets?
The Science Based Targets initiative (SBTi) validated Elanders' climate targets, ensuring they are grounded in the latest climate science.
What is the significance of the SBTi validation?
The SBTi validation confirms that Elanders' climate targets are aligned with scientific recommendations to limit global warming, showcasing their commitment to sustainability.
How does Elanders plan to achieve these targets?
Elanders plans to reach its targets through collaboration with customers, suppliers, and stakeholders while employing effective strategies to cut emissions.
Who can I contact for more information about Elanders' sustainability efforts?
You can contact Åsa Vilsson, Group CFO, or John Nyberg, Director of Sustainability for any questions related to Elanders’ sustainability initiatives.
About The Author
Contact Henry Turner privately here. Or send an email with ATTN: Henry Turner as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.