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Stahl, a Netherlands-based active proponent of responsible chemistry, has announced that by the end of the second quarter of 2022, it will extend its GHG reduction targets to cover Scope 3 emissions. This step underlines Stahl’s commitment to aligning its strategy with the 2015 Paris Climate Agreement goals, updated at the recent COP26 in Glasgow.
Between 2015 and 2020, Stahl reduced its Scope 1 and 2 (direct) GHG (greenhouse gas) emissions by 37 per cent and has committed to a further 2 per cent reduction each year to 2030. Scope 3 emissions cover all the indirect emissions that can occur in a company’s value chain, including raw material acquisition, transportation and the end-of-life impact of its products.
By focusing on Scope 3 emissions, Stahl is committing to de-fossilising its supply chain and ensuring further accountability for its total environmental impact, the company said in a media release.
Stahl, a Netherlands-based active proponent of responsible chemistry, has announced that by the end of the second quarter of 2022, it will extend its GHG reduction targets to cover Scope 3 emissions. This step underlines Stahl’s commitment to aligning its strategy with the 2015 Paris Climate Agreement goals, updated at the recent COP26 in Glasgow.
Michael Costello, Stahl Group ESG director, said: “Only by focusing on reducing Scope 3 emissions can we accurately align our de-fossilisation strategy with the global goal of limiting global average temperature increase to 1.5°C, as agreed at the 2015 Paris Climate Agreement and the COP26 in Glasgow. We look forward to working with partners across our industry and value chain to make this happen.”
Fibre2Fashion News Desk (KD)
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