Recticel accelerates climate action by joining the science based targets initiative (SBTi)
About the article
20 October 2022
On international #NetZeroActionDay, Recticel commits to two targets:
- to become a net-zero emission company on Scopes 1 and 2 by 2030;
- to reach net-zero on Scope 3 by 2050 at the latest.
Scopes 1, 2 and 3 are a way of categorising the different kinds of GHG emissions a company creates in its own operations, and in its wider value chain. Becoming net-zero means that there will be no impact on the climate resulting from Recticel’s GHG emissions in these scopes.
The new targets demonstrate Recticel’s environmental ambition and its determination to help galvanise the global momentum urgently needed to reach net-zero emissions by 2050.
The importance of insulation
Recticel continues its transformation into a pure play insulation company. Its insulation solutions help to improve lives for current and future generations through a product portfolio that enables CO2 emission reduction and energy savings. At the same time, the company’s operations and R&D activities are strongly focused on fighting climate change by preserving natural resources and driving a circular economy.
Ambition and collaboration
Recticel is proud to join more than 3.800 businesses and financial institutions around the world in this concerted effort to limit global warming to 1.5°C above pre-industrial levels.
The company will be listed as ‘Committed’ on the SBTi website, as well as on the websites of SBTi partners CDP, the United Nations Global Compact, World Resources Institute (WRI) and the We Mean Business coalition. In 2023, SBTi will validate Recticel’s roadmap to become a
Recticel looks forward to engaging with all partners in its value chain to join forces and drive progress. Our results against targets will be communicated in the annual report.
For more information on SBTi, visit https://sciencebasedtargets.org/