Tag Archives: Science Based Targets initiative

Arkema Remains on CDP Climate A List With Strong Progress on Emissions and Water Goals

(IN BRIEF) Arkema has retained its “A” rating in the CDP Climate Change category, securing its place once again on the Climate A List and ranking among the top four percent of companies assessed globally. The group also maintained an … Read the full press release

Knorr-Bremse Earns A Rating From CDP as Sustainability Performance Advances

(IN BRIEF) Knorr-Bremse has achieved major sustainability milestones with a top “A” score in the 2025 CDP climate rating and a significantly improved result in the S&P Global Corporate Sustainability Assessment. The company’s nine-point increase in the S&P Global CSA … Read the full press release

Fortum Achieves A Score in CDP Climate Assessment, Highlighting Progress Toward Net-Zero and Coal Exit

(IN BRIEF) Fortum has been awarded an A rating in the 2025 CDP Climate Change assessment, improving from its previous A- score and demonstrating strong progress in climate transparency and environmental leadership. The company achieved top marks in 12 out … Read the full press release

GEA Earns Fifth Consecutive CDP A-List Recognition for Climate Leadership

(IN BRIEF) GEA has been named to CDP’s Climate Action A-List for the fifth consecutive year, placing it among the top performers globally for climate transparency and emissions reduction efforts. The company achieved above-average scores across all CDP assessment categories, … Read the full press release

JYSK Advances Climate Strategy as Majority of Suppliers Commit to Science Based Targets

(IN BRIEF) JYSK has engaged all of its suppliers in setting science-based climate targets, with suppliers representing 94% of emissions committing to establish SBTi-approved reduction targets by FY28. The retailer’s supplier engagement target, validated by the Science Based Targets initiative, … Read the full press release

Bechtle Achieves Science-Based Validation for Its 2050 Net-Zero Targets, Strengthening Long-Term Climate Commitment

(IN BRIEF) Bechtle AG has achieved validation from the Science Based Targets initiative (SBTi) for its long-term net-zero targets, confirming their alignment with recognised scientific standards. The approval builds on the company’s earlier validated near and mid-term goals and reflects … Read the full press release

Co-op strengthens climate action with RWE through PPA securing clean electricity from Gwynt y Môr wind farm

(IN BRIEF) RWE and Co-op Group have entered a seven-year Power Purchase Agreement that will see Co-op source 33 GWh of renewable electricity annually from the Gwynt y Môr offshore wind farm, enough to power around 140 Co-op food stores … Read the full press release

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

Nexans secures major EIB and InvestEU support to boost electrification projects, recycling capacity and carbon neutrality goals

(IN BRIEF) The European Investment Bank has approved €250 million in financing for Nexans to accelerate its industrial investments and research initiatives between 2024 and 2029, with part of the loan backed by an InvestEU guarantee. The funding will support … 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

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

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

SUEZ to Supply RATP’s Operations with 100 GWh Per Year of Household‑Waste‑Derived Electricity Through New Long‑Term Agreement

(IN BRIEF) SUEZ and RATP Group have agreed on a 16‑year PPA for nearly 100 GWh per year of renewable electricity generated from household waste. This partnership supports RATP’s ISO 50001‑certified energy management program and its goal to reduce energy‑related greenhouse gas … Read the full press release

Telia Company Earns Top Grade in CDP Supplier Engagement Assessment for Climate Leadership

(IN BRIEF) Telia Company has been awarded an ‘A’ rating in CDP’s 2024 Supplier Engagement Assessment, highlighting its leadership in mobilizing suppliers to tackle climate change. The SEA scores firms on governance, target‑setting, and value‑chain GHG management. Telia reports that … 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

Stora Enso Recognized on CDP’s 2024 Climate Change ‘A List’ for Leadership in Sustainability and Emissions Reduction

(IN BRIEF) Stora Enso has been awarded a spot on CDP’s 2024 Climate Change ‘A List’ in recognition of its exceptional leadership in climate action and transparency. The company was acknowledged for its comprehensive disclosure practices, management of environmental risks, … 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

Siemens’ Net-Zero Targets Validated by Science Based Targets Initiative for 2030 and 2050

(IN BRIEF) Siemens has received validation from the Science Based Targets initiative (SBTi) for its 2030 and 2050 net-zero emissions targets, confirming their alignment with the SBTi Net-Zero Standard. Siemens aims to reduce Scope 1 and 2 emissions by 90% … 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