KeyPlants’ science-based targets approved by the Science Based Targets initiative
We are excited to tell you that KeyPlants’ science-based targets for reducing greenhouse gas emissions have been validated by the independent Science Based Targets initiative (SBTi), meaning the targets are in line with the latest climate science and efforts to limit global temperature increase to 1.5°C. SBTi, which enables climate action in the private sector through independent assessment and validation of science-based emission reduction targets, is a partnership between CDP, the UN Global Compact, World Resources Institute, and the World Wide Fund for Nature.
- A 42% reduction of direct (Scope 1) and indirect (Scope 2) greenhouse gas emissions by 2030 (2021 base year).
- A commitment to measure and reduce upstream and downstream (Scope 3) emissions along the entire value chain.
Scope 1 and 2 emissions include sources such as company vehicles, heating and cooling, and electricity usage. Scope 3 emissions include sources such as business travel and transportation of goods.
The climate targets are a component of KeyPlants’ broader sustainability strategy, which focuses on reducing the company’s ecological and environmental footprint, creating sustainable value chains, and contributing to societal wellbeing. In addition, KeyPlants intends to achieve nearly net-zero emissions and implement a circular business model by 2045. These efforts will also contribute to the achievement of the UN Sustainable Development Goals (SDGs), says Christian Krona KeyPlants Head of Procurement and Sustainability.
KeyPlants is a project management and engineering company which delivers high quality design services and sustainable capital projects for the life science and advanced technology industries. KeyPlants were pioneers in bringing the modular facility concept to the life science industry and over the last 45 years have delivered more than 100 projects in over 30 countries worldwide.