We have joined the SBTi as part of our efforts to tackle the climate emergency and reduce carbon emissions.
A partnership between the Carbon Disclosure Project, the UN Global Compact, the World Resources Institute, and the World Wide Fund for Nature, the SBTi was established to help companies ensure their policies to tackle climate change are based on science, thereby providing a route to sustainable growth.
Offering guidance on how much and how quickly a business’s emissions need to be reduced, as well as expert advice on taking the necessary steps, the SBTi has seen its members reduce their emissions by 25% between 2015 and 2019.
Having already committed to becoming Net Zero Carbon by 2025 and delivering a 60% reduction in their scope 1&2 emissions between 2016 and 2020, we will now undertake detailed emissions hot spotting and reduction scenarios to establish our broader approach to greenhouse gas (GHG) reduction in line with climate science. The findings of the exercise will result in a revised direction for Sir Robert McAlpine’s carbon commitment, one which recognises the urgency with which we all need to address the climate emergency.
Once complete, we will submit our plan and targets for assessment and independent verification by the SBTi, ensuring our approach to tackling climate change is transparent and credible.