Dietikon ZH – Lyreco’s efforts to reduce greenhouse gas emissions have been validated by the Science Based Targets Initiative. According to the international panel, Lyreco’s Scope 1 and Scope 2 targets are consistent with a 1.5 degree target.
Lyreco Group ‘s greenhouse gas (GHG) emission reduction efforts were validated by the Science Based Targets Initiative(SBTi) on Oct. 26, 2023, according to a media release. SBTI ranked the Dietiker-based office and workplace solutions provider’s Scope 1 and Scope 2 targets and found them to be consistent with a 1.5 degree target.
SBTi is a global body that enables companies to set ambitious emissions reduction targets in line with the latest climate science, according to the Lyreco release. To get companies around the world to halve their emissions before 2030 and reach a net-zero target before 2050. Scope 1 refers to the direct release of climate-damaging gases within the company itself. Scope 2 comprises the indirect release of climate-damaging gases by energy suppliers.
“We understand the importance of rapid and deep emissions reductions to halve global emissions by 2030 and achieve a net zero target by 2050,” Grégory Lienard, CEO at Lyreco Group, is quoted as saying. He said Lyreco is committed to using the SBTi to establish near-term company-wide emissions reductions consistent with climate science. “Not only are we accountable for our own sustainability goals, but we also encourage our suppliers to align with climate science,” Lienard added.
Lyreco had committed to reduce absolute GHG emissions under Scope 1 and 2 by 50 percent by 2030 from a 2019 baseline. ce/gba