Energy Efficiency, GHG Emissions, Industrial - October 30, 2024
Hinojosa Packaging Goals Validated by SBTi
Hinojosa Packaging Group's climate action targets, aimed at reducing emissions and achieving the Net-Zero Standard by 2050, received validation from the Science Based Targets initiative (SBTi).
The designer and manufacturer of sustainable packaging solutions seeks to source 100% of its electricity from renewable sources by 2030, according to a statement.
Hinojosa set a near-term target of reducing its Scope 1 and 2 absolute emissions by 60% by 2030, using 2020 as a baseline. Scope 1 covers direct emissions from fossil fuel consumption, while Scope 2 includes indirect emissions from purchased electricity.
By 2030, the company also aims to cut its Scope 3 emissions — linked to fuel, transport and distribution — by 42%. Additionally, Hinojosa pledges to ensure that 80% of the emissions from its procured goods and services align with SBTi targets by 2028.
The company aims to meet the SBTi Net-Zero Standard by 2050, requiring a 90% reduction in emissions across Scopes 1, 2 and 3.
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