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Keltbray’s Science-Based Targets validated by the SBTi
Keltbray’s emissions reduction targets have now been validated as in line with climate science by the Science Based Target initiative (SBTi).
Keltbray’s emissions reduction targets have now been validated as in line with climate science by the Science Based Target initiative (SBTi).
The latest climate science from the IPCC – described by the UN as “code red for humanity” – shows it is still possible to limit global temperature rise to 1.5°C, but we are dangerously close to that threshold.
Science-based targets give companies a clearly defined path to reduce greenhouse gas emissions in line with limiting global warming to 1.5°C. They define how much and how quickly a business must reduce its emissions to be in line with the Paris Agreement goals.
The SBTi’s Target Validation Team has classified Keltbray’s scope 1 and 2 target ambition and has determined that it is in line with a 1.5°C trajectory. Keltbray’s ambitious 1.5°C-aligned target has been commended by the SBTi and is currently the most ambitious designation available through the SBTi process.
Our near-term targets are as follows:
Keltbray Holdings LTD commits to reduce absolute scope 1 and 2 GHG emissions 46.4% by 2030 from a 2019 base year.
Keltbray Holdings LTD also commits to reduce scope 3 GHG emissions 55.0% per million GBP value added by 2030 from a 2019 base year.
In short, we are committed to approximately halving our total GHG emissions by 2030.
Disclaimer: The above two targets are near-term emissions reduction targets and as such means we are not yet net-zero aligned, due to not having committed to long-term emissions reduction targets. However, our approvals show a significant milestone in tackling emissions throughout our operations by committing to our targets through a certified body.
ENDS
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