Commercial, GHG Emissions - May 1, 2020
Scania emissions reduction targets approved by SBTi
Scania announced April 29 that their targets to cut emissions by their own operations by 50% and emissions from their products by 20% before 2025 has been approved by the Science Based Target initiative.
The Swedish commercial vehicle manufacturer plans to reduce emissions from their products by implementing fuel efficiency measures. For over 25 years, Scania has been pursuing opportunities to provide vehicles that run on alternatives to fossil fuels.
“Since more than 90 percent of the CO2 emissions generated in our business occurs after the products leave our factories, it is imperative that we also consider these emissions,” President and CEO Henrik Henriksson said in a statement. “Limiting ourselves to only reducing our own emissions is simply not enough. We will therefore work in close cooperation with our customers in operating their trucks, buses and engines with less climate impact.”
Scania has specifically aligned their goals and targets with those targets of the Paris agreement to limit global warming to 1.5 degrees.
“Science is today clear that our future on Earth depends on holding global warming well-below 2°C, which means cutting emissions by half every decade,” Johan Rockström, professor in Earth system science and Director of the Potsdam Institute for Climate Impact Research in Germany, commented on the announcement. “Science based targets are critical to succeed in this endeavour. Heavy transport is a backbone of our societies, and Scania's commitment to science based targets for climate, along its entire value chain, will not only contribute to reduce climate risks, but will also send a strong signal through the economy, that decarbonising is real, is now, and constitutes an investment in future competitiveness.”
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