THE WHAT? Henkel has announced that its science-based emission reduction targets have been approved by the Science Based Targets initiative (SBTi) as being in line with levels required to meet the goals of the Paris Agreement.
THE DETAILS Aiming to become climate positive by 2040, Henkel’s targets include reducing scope 1 and 2 greenhouse gas emissions 67 percent per ton of product by 2030 from a 2017 base year, committing to increase annual sourcing of renewable electricity from 6 percent in 2017 to 100 percent by 2030, and reduce scope 3 greenhouse gas emissions from purchased goods and services by 30 percent per ton of product by 2030.
Talking about the approval from SPTi, which is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), Uwe Bergmann, Head of Sustainability Management at Henkel, said the company “fully supports the commitment of the United Nations’ Paris Agreement on climate change.”
The company also plans to reduce the carbon footprint of its production by 65 percent by 2025 and 75 percent by 2030 from a 2010 base year.
Likewise, it is aiming to convert all remaining fossil fuels used in production to climate-neutral alternatives while supplying surplus carbon-neutral energy to third parties.
THE WHY? Talking about the emission targets, Bergmann says, “By 2040, we want to become a climate-positive company. Based on our long-term goals, we derived specific emission reduction targets which were assessed against scientific best practice and confirmed to support the goal to limit global warming to 1.5°C.”