Home News Axis Communications has committed to set company-wide emissions reduction targets in line with the Science Based Targets initiative (SBTi)

Axis Communications has committed to set company-wide emissions reduction targets in line with the Science Based Targets initiative (SBTi)

by Dubai Forum
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Dubai, United Arab Emirates, July 2022: Axis Communications
has committed to set science-based emissions reduction targets in line with the
level of decarbonization required to meet the goals of the Paris Agreement – to
limit global warming to well-below 2°C above pre-industrial levels and pursue
efforts to limit warming to 1.5°C.

Ray Mauritsson, Axis CEO, said, “There can be no debate that
urgent action is required to address climate change. As a signee of the UN
Global Compact, our commitment to set science-based emissions reduction targets
is a logical next step in our ongoing work to reduce the environmental impact
of our business operations. We know that the targets we set will be ambitious
and challenging – not only for us but for our supply chain – but we’re also
clear that meeting this challenge is imperative for every business.”

Carl Trotzig, Director, Quality & Environment at Axis, added:
“Over the next year we’ll be looking to have a science-based emissions
reduction target ratified by the SBTi which will cover not only our own
business, but also our upstream and downstream value chain. This scope will
mean that every aspect of our business – from the raw materials used in
component manufacturing to the approach to recycling products at their
end-of-life – will need to demonstrably contribute to the achievement of the
emissions reduction target.”

The Science Based Targets initiative (SBTi) is a global body
enabling businesses to set ambitious emissions reductions targets in line with
the latest climate science. It is focused on accelerating companies and
financial institutions across the world to halve emissions before 2030 and
achieve net-zero emissions before 2050. The initiative is a collaboration
between the Carbon Disclosure Project (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. It defines and promotes best
practice in emissions reductions and net-zero targets in line with climate
science. It provides technical assistance and expert resources to companies who
set science-based targets and brings together a team of experts to provide
companies with independent assessment and validation of targets.

Axis commitment to developing science-based emissions reduction
targets reflects the organization’s ongoing initiatives to reduce its environmental
impact. The company’s efforts support three pillars: beating climate change,
protecting natural resources, and protecting ecosystems.

DF

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