Heerlen, NL, 03 Aug 2021 07:01 CEST
Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, announced today that it aims to halve its 2016 greenhouse gas (GHG) emissions from its own operations by 2030. The acceleration of its initial 30% reduction target is based on the strong progress over the past few years. With this step-up DSM continues to be an ambitious climate leader in its sector and the updated target provides a firm foundation for DSM to achieve net-zero by 2050.
DSM’s new increased target has been reviewed and approved by the Science Based Targets initiative (SBTi). The SBTi is a collaboration between the United Nations Global Compact, World Resources Institute (WRI), the CDP and the World Wide Fund for Nature (WWF) to drive ambitious corporate climate action.
DSM was one of the first companies to align its efforts with the latest science presented in the IPCC Special Report ‘Global Warming of 1.5°C’ of 2019 and immediately set a pathway to reach net-zero GHG emissions across its operations and value chains by 2050. DSM’s Science Based Targets are the foundation to achieve this goal, supported by ambitions on renewable electricity and energy efficiency, as well as intense work with key suppliers through DSM’s CO2REDUCE program.
Recent highlights that help accelerate its transition to net zero by 2050 include:
Geraldine Matchett and Dimitri de Vreeze Co-CEOs Royal DSM, comment: “As a purpose-led company we aim to drive sustainable growth. That’s why we’re proud to make a significant step-up in our ambitious validated science-based targets, to accelerate our route to net-zero by 2050 and to continue to lead the way in our industry to move to a net-zero future. We have no time to waste, and the private sector has a crucial role to play in proactively delivering on the Paris Agreement.“
DSM is a CDP Climate Leader and was awarded an A score for its climate change disclosure. DSM holds a platinum sustainability medal from EcoVadis putting DSM in the top 1% of its industry. DSM has a top position in Sustainalytics, has an AAA rating from MSCI, has Prime Status with ISS-Oekom and has a leading position in the rankings of Moody’s Vigeo Eiris.
DSM’s sustainability information is provided each year, audited under reasonable assurance (highest level), in DSM’s integrated annual report. The most recently published was for 2020.
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