Loading…
news

Stahl plans to set Scope 3 carbon emission targets by mid-2022

YarnsandFibers News Bureau 2021-11-15 13:16:16 – Netherlands

Netherlands-based global leather chemical manufacturer, Stahl, has announced that by the end of the second quarter of 2022, it would have extended its GHG reduction targets to include Scope 3 emissions. Stahl's commitment to aligning its strategy with the 2015 Paris Climate Agreement goals, as revised at the recent COP26 in Glasgow, is demonstrated by this step.

Stahl decreased its Scope 1 and 2 (direct) GHG (greenhouse gas) emissions by 37% between 2015 and 2020 and has pledged a further 2% reduction each year until 2030. Scope 3 emissions include all indirect emissions that can occur in a company's value chain, such as the procurement of raw materials, transportation, and end-of-life disposal.

Stahl is committing to de-fossilising its supply chain and guaranteeing more accountability for its total environmental effect by focusing on Scope 3 emissions, according to a press statement.

Michael Costello, Stahl Group ESG director, said that only by focusing on reducing Scope 3 emissions can they accurately align their de-fossilisation strategy with the global goal of limiting global average temperature increase to 1.5°C, as agreed at the 2015 Paris Climate Agreement and the COP26 in Glasgow. They’re excited to collaborate with partners from throughout their industry and value chain to make this a reality.

0 0 vote
Article Rating
0 Comments
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello