WebApr 13, 2024 · VANCOUVER, BC, April 13, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today that the Science Based Targets initiative (SBTi) has validated its scope 1, 2 and 3 emissions reduction targets. This validation further supports West Fraser's plan to achieve near-term … WebThis article summarises the main points and implications for companies interested in SBTI’s Net Zero designation. 1. Companies can’t claim to be net zero until their long-term SBT is achieved. This means that most companies will need to achieve 90% reductions in scope 1, 2 and 3 emissions before neutralising residual emissions to claim net zero.
Trust Geek Glossary: SBTi – Science Based Targets initiative
WebThe Science Based Targets Initiative (SBTi) is a worldwide program that empowers businesses to establish and achieve ambitious emissions reduction targets based on the most recent climate science. This initiative is a partnership between CDP , the United Nations Global Compact , World Resources Institute (WRI) , and the World Wide Fund for ... WebA Short-term Emissions Reduction Target - Reduce in absolute terms our operational (Scope 1 & 2) emissions by 70% by 2025 against a 2015 baseline A Medium-term Emissions Reduction Target - Reduce in absolute terms our operational emissions (Scope 1 & 2) by 100% by 2030 against a 2015 baseline combivent udv inh
Ingredion Receives SBTi Approval of Its Greenhouse Gas
WebSep 12, 2024 · Dear all, I’m a consultant who is currently helping a FI to set an SBT target on scope 1+2 emissions. Using the absolute contraction approach and using the SBTi Tool (version 2.0) I’m getting a 40% reduction on scope 1+2 emissions in 2030 (base year 2024) [hypothetical scenario] WebModelling carbon reduction targets across Scope 1, 2 and 3, using methodologies such as the Sectoral Decarbonisation Approach or the Absolute Contraction Approach for near- and long-term targets. Developing an implementation plan to assess target feasibility for Scope 1, 2 and 3. Supporting you with your target submission to the SBTi. WebOct 21, 2024 · A continued reduction in EY absolute emissions. EY global FY21 emissions (394k tons of CO2e) reduced by 60% compared to FY20 (976k tons of CO2e), achieved through a significant reduction in business travel due to the COVID-19 pandemic and the ongoing delivery of the EY seven-point carbon action plan. This also represents a 71% … combi tri fold stroller red black