Tag Archives: SBTi

Neumann Bygg strengthens Oslo region presence with eco-friendly Sarpsborg hub for STARK Group

(IN BRIEF) STARK Group has strengthened its Norwegian operations with the opening of a flagship branch in Sarpsborg, managed by Neumann Bygg. The 6,300 m² facility is the company’s 20th outlet in Norway and its third in the Oslo region, … Read the full press release

New SBTi-approved Scope 3 target keeps Hempel aligned with 1.5°C pathway while reflecting business transformation

(IN BRIEF) Hempel has updated its Scope 3 emissions target, which has been approved by the Science Based Targets initiative, confirming its alignment with the 1.5°C climate pathway while supporting business growth. The company has shifted from a 50% absolute … Read the full press release

STARK Group accelerates climate action with new solar park and validated science-based targets

(IN BRIEF) STARK Group has inaugurated a 122-hectare solar park in Eastern Jutland in partnership with Mind Energy, generating 132,000 MWh annually to supply around half of its electricity needs in Denmark. The initiative builds on STARK Group’s climate commitments, … Read the full press release

ANDRITZ wins EcoVadis gold medal and sets ambitious 2030 ESG targets after surpassing 2025 goals ahead of schedule

(IN BRIEF) ANDRITZ has received a gold medal from EcoVadis, ranking among the top 5% of companies worldwide for sustainability. At the same time, the Austrian technology group unveiled new ESG targets for 2030, having already surpassed most of its … Read the full press release

Lenzing expands photovoltaic capacity with VERBUND to accelerate renewable energy transition and net-zero goals

IN BRIEF) Lenzing Group has expanded its photovoltaic capacity at its Austrian headquarters with the commissioning of a new 1.3 MWp plant in partnership with VERBUND, raising the site’s total PV output to 8.3 MWp. This move strengthens the company’s … Read the full press release

Ahlstrom Achieves Top CDP Supplier Engagement Rating for Leadership in Climate Action and Sustainable Procurement

(IN BRIEF) Ahlstrom has been awarded an A score in the 2024 CDP Supplier Engagement Assessment for its leadership in sustainable procurement and climate action. The evaluation recognizes companies that set high standards in governance, Scope 3 emissions management, and … Read the full press release

Sandoz Partners with Elawan Energy on 150 MW Spanish Solar Project to Power Nearly 90% of European Operations

(IN BRIEF) Sandoz has signed a 10-year virtual PPA with Elawan Energy to develop 150 MW of new solar capacity in Valladolid, Spain, expected to meet almost 90% of electricity demand for its European operations. This partnership is a key … Read the full press release

SGS Tops TIC Industry in TIME’s 2025 List of World’s Most Sustainable Companies

(IN BRIEF) SGS has been named to TIME’s 2025 list of the World’s Most Sustainable Companies for the second year running, topping the Testing, Inspection, and Certification category. Selected from over 5,000 firms, the 500 honorees were judged on a … Read the full press release

Leeds Building Society Enhances Emissions Reporting with Experian Partnership to Support Net Zero Goals

(IN BRIEF) Leeds Building Society has partnered with Experian to improve the accuracy of its financed emissions reporting for residential lending, aligning with the UK Government’s Net Zero goals. By replacing estimated EPC data, which overestimated emissions by over 36%, … Read the full press release

NIB Validates Ambitious Emission Reduction Targets with SBTi, Paving the Way for a Greener Future

(IN BRIEF) The Nordic Investment Bank (NIB) has received official validation for its emission reduction targets from the Science Based Targets initiative (SBTi), confirming its alignment with a 1.5°C pathway. These targets, announced at COP28 in 2023, are part of … Read the full press release

Swisscom and Atlantic Ventures Report Highlights Growth and Trends in Sustainability Software Solutions

(IN BRIEF) Swisscom and Atlantic Ventures’ latest report reveals trends in the growing yet consolidating market for sustainability and carbon management software. The integration of AI is transforming the sector by enabling greater efficiency in achieving sustainability goals, automating key … Read the full press release

Imerys Achieves Top CDP Climate Rating and Strong ESG Performance in 2024

(IN BRIEF) Imerys has been recognized with an A rating on the CDP Corporate Climate A List for 2024, an improvement from its B score in 2023, underscoring the company’s commitment to reducing greenhouse gas emissions and achieving Science-Based Targets … Read the full press release

FrieslandCampina Advances Sustainability with Updated Emissions Reduction Targets Approved by SBTi

(IN BRIEF) FrieslandCampina has made significant strides in its sustainability goals by receiving approval from the Science Based Targets initiative (SBTi) for its updated emissions reduction targets. The company has refined its targets, breaking down emissions into FLAG and non-FLAG … Read the full press release

Roland Berger’s Net-Zero Goal Approved by SBTi, Aiming for Full Emission Reduction by 2040

(IN BRIEF) Roland Berger’s net-zero emissions reduction target has been approved by the Science Based Targets initiative (SBTi). The consultancy aims to achieve net-zero greenhouse gas emissions across its value chain by 2040, aligning with the Paris Climate Agreement. The … Read the full press release

SBTi Launches Validation Council with TÜV Rheinland’s Fallight Xu Appointed as Member, Strengthening Global Climate Accountability

(IN BRIEF) The Science Based Targets initiative (SBTi) has launched its Validation Council to independently oversee target validation decisions globally, ensuring impartiality and expertise in greenhouse gas accounting. Fallight Xu from TÜV Rheinland Greater China has been appointed as a … Read the full press release

Bang & Olufsen’s Climate Targets Aligned with Paris Agreement Goals, Validated by SBTi

(IN BRIEF) Bang & Olufsen’s commitment to reducing greenhouse gas emissions has been validated by the Science Based Targets initiative (SBTi), affirming their alignment with the 1.5-degree pathway from the Paris Agreement. With aims to achieve Net-Zero across their value … Read the full press release

Ahold Delhaize Sets Ambitious Greenhouse Gas Emission Targets Aligned with 1.5ºC Trajectory

(IN BRIEF) Ahold Delhaize, along with its local brands, has established Greenhouse Gas (GHG) emission reduction targets aligned with the 1.5ºC trajectory, following the Science Based Targets initiative (SBTi). These targets aim to reduce carbon emissions across operations and the … Read the full press release

Maersk’s Greenhouse Gas Emissions Targets Validated as Industry First by SBTi

(IN BRIEF) A.P. Moller – Maersk’s ambitious greenhouse gas emissions targets have received validation from the Science Based Targets initiative (SBTi), affirming their alignment with the 1.5-degree pathway of the Paris Agreement, a milestone marking an industry first under SBTi’s … Read the full press release

Evonik’s Climate Targets Confirmed by Science-Based Initiative, Paving the Way for Sustainable Growth

(IN BRIEF) Evonik’s climate targets have been scientifically verified and confirmed by the independent Science Based Targets initiative (SBTi), aligning with the Paris Agreement’s goal of limiting global warming. The company aims to reduce greenhouse gas emissions by 25% by … Read the full press release

Outokumpu’s Ambitious Climate Targets Earn Recognition on Financial Times’ Prestigious List

(IN BRIEF) Outokumpu, the only stainless steel producer, has been recognized as a leading climate leader in Europe by the Financial Times. The prestigious list, created in partnership with research company Statista, acknowledges companies that are making significant strides in … Read the full press release