In line with the goals of the Paris Agreement, Atlas Copco set scientific carbon reduction targets to reduce greenhouse gas emissions. The Group will reduce carbon emissions from its own operations based on the target of holding the global temperature rise below 1.5℃, and the group will reduce carbon emissions from the value chain based on the target of holding the global temperature rise below 2℃. These targets have been endorsed by the Scientific Carbon Reduction Initiative (SBTi).
“We have significantly increased our environmental ambitions by setting absolute emission reduction targets across the value chain.” Mats Rahmstrom, President and CEO of Atlas Copco Group, said, “The vast majority of our impact comes from the use of our products, and that’s where we can have the greatest impact. We will continue to develop energy saving solutions to help our customers around the world reduce their greenhouse gas emissions.”
Atlas Copco has long been committed to providing the most energy efficient products and solutions. In the company’s own operations, the main mitigation measures are through purchasing renewable electricity, installing solar panels, switching to biofuels to test portable compressors, implementing energy conservation measures, improving logistics planning and shifting to greener modes of transportation. Compared to the 2018 benchmark, carbon emissions from energy consumption in operations and freight transport were reduced by 28% in relation to cost of sales.
To achieve these goals, Atlas Copco will continue to focus on improving the energy efficiency of its products to support customers in achieving the SUSTAINABLE Development Goals while reducing carbon emissions from its own operations.
“To achieve a net-zero-carbon world, society needs to transform.” ”We are making this transition by developing the technologies and products needed for heat recovery, renewable energy and greenhouse gas reduction,” said Mats Rahmstrom. We provide products and solutions needed for production of electric vehicles, wind, solar and biofuels.”
Atlas Copco’s scientific carbon reduction targets are set to begin in 2022. These goals are set by a team of representatives from all areas of the business who are committed to analyzing and setting achievable goals. Reference groups in each business area were consulted to analyse the various ways in which the goal could be achieved. The working group is also supported by external consultants with expertise in setting scientific objectives.
Post time: Nov-16-2021