Senior PLC - Senior's Greenhouse Gas emission reduction targets
Senior is the first company in the global Aerospace & Defence sector to have its emissions reduction targets independently verified and approved by the SBTi. The targets covering GHG emissions from Senior's operations are consistent with reductions required to limiting climate warming to 1.5°C. The Paris Agreement's long-term temperature goal is to keep the increase in global average temperature to well below 2°C above pre-industrial levels; and to pursue efforts to limit the increase to 1.5°C, recognizing that this would substantially reduce the risks and impacts of climate change.
SBTi have approved the following targets:
· Senior commits to reduce its absolute Scope 1 and 2 GHG emissions by 30% by 2025 compared to a 2018 base year
· For Scope 3 GHG emissions, Senior also commits that 80% of its suppliers by spend, covering purchased goods and services and capital goods, will have science-based targets by 2025
In the SBTi's target assessment report, Senior's Scope 1 and 2 targets were considered ambitious.
"We are delighted with this recognition by the SBTi, which demonstrates our long-standing commitment to help minimise global warming. We are the first company worldwide in the Aerospace & Defence industry to have approval for targets which are consistent with reductions required to limit climate warming to 1.5°C, and we will actively encourage others to follow suit."
"As the first company in the Aerospace & Defence sector to align a science-based target with 1.5C,
About the Science Based Targets initiative
The Science Based Targets initiative mobilizes companies to set science-based targets and boost their competitive advantage in the transition to the low-carbon economy. It is a collaboration between CDP, the United Nations Global Compact,
CDP Climate is the world authority on the evaluation of corporate carbon policies and reporting.
Senior is an international manufacturing group with operations in 13 countries. It is listed on the main market of the
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This information is provided by RNS, the news service of the
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