Bodycote, Macclesfield, UK, has announced that its near-term science-based emissions target has been approved by the Science Based Targets initiative (SBTi). SBTi is an independent global body enabling businesses to set and validate emissions reduction targets in line with the latest climate science and strict criteria.
The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. Science-based targets provide a clearly-defined pathway for companies with ambitious climate goals to reduce greenhouse gas emissions, helping prevent the worst impacts of climate change and future-proofing business growth. Targets are considered ‘science-based’ if they are in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement – limiting global warming to well-below 2°C above pre-industrial levels and pursuing efforts to limit warming to 1.5°C.
Bodycote, with over 165 facilities in 22 countries, commits to reduce its absolute scopes 1 and 2 greenhouse gas emissions by 28% by 2030 from a 2019 base. Scope 1 includes all emissions directly linked and emitted by Bodycote facilities and Scope 2 includes all emissions linked to the Group’s purchased inputs, those associated with the purchase of electricity, steam or cooling. Bodycote measures Scope 3 emissions, in line with the SBTi guidelines, but does not report them as SBTi deems the quantum to be immaterial.
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