Energy Efficiency, GHG Emissions, Industrial  -  October 16, 2024

Technimark to Submit SBTi goals

Technimark, a global company that provides manufacturing solutions for healthcare, consumer packaging, and specialty industrial markets, announced the company will finalize and submit science-based GHG emission reduction targets for validation by the Science Based Targets initiative (SBTi).

The pursuit of SBTi validation builds upon Technimark's 2030 goals across its key pillars of People, Planet, and Product. As highlighted in its 2023 Sustainability Brief, Technimark is committed to a 42% reduction in its direct GHG emissions across Scopes 1 and 2 by 2030. This includes emissions from its own operations and purchased energy. Now, Technimark is raising the bar higher by developing a new target to address indirect emissions (Scope 3) throughout its entire value chain.

Technimark also announced receiving the Gold Medal by EcoVadis, the world's largest provider of business sustainability ratings. This accolade places Technimark among the top 4% of companies evaluated globally for their performance in environment, labor and human rights, ethics, and responsible sourcing.

"Our commitment to SBTi validation and the recognition from EcoVadis underscores our proactive approach to sustainability," says Brad Wellington, President and Chief Executive Officer of Technimark, in a statement. "We're setting ambitious targets and taking concrete steps to transform our operations, aiming to inspire industry-wide change through our actions."