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2024-06-03 | News

Beijer Alma’s science based emissions targets approved by SBTi

Beijer Alma’s Scope 1, 2 and 3 emissions targets have been validated by the Science Based Targets initiative (SBTi). This validation confirms that the Group’s targets are in line with climate research and the goals of the Paris Agreement.

Beijer Alma has committed to reducing its absolute greenhouse gas (GHG) emissions in Scope 1 and 2 by 42 percent by 2030, compared to the base year of 2022*. The Group also has a target to reduce emissions along the value chain, focusing primarily on the carbon footprint of raw materials and transportation. The goal is to reduce Scope 3 GHG emissions by 52 percent per SEK of added value by 2030, compared to the base year of 2022. 
Increased trustworthiness
“Validation from the SBTi is very important for Beijer Alma. We have already significantly reduced our emissions, but through the SBTi’s framework for measurement, reporting and verification, we are now taking more responsibility and increasing the trustworthiness of our climate work,” says Henrik Perbeck, President and CEO of Beijer Alma. 
“Science based sustainability targets are essential for guiding the company towards a future that is financially successful as well as environmentally sustainable. Focusing our operations on alternatives with a lower carbon footprint across the entire value chain makes us more competitive. At the same time, we support our customers’ efforts to become more sustainable,” says Anna Haesert, Chief Sustainability Officer.
The SBTi, the official body for setting climate targets, is a collaboration between CDP, the UN Global Compact, the World Resources Institute and the World Wide Fund for Nature. SBTi is also a member of the We Mean Business Coalition. The SBTi defines and promotes best practice in formulating science based targets, provides resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.
* The limit in the target includes land-based emissions and the extraction of raw materials for bioenergy.