Energy Efficiency, GHG Emissions - April 6, 2023
Techtronic Industries Commits to Setting SBTi Targets
Techtronic Industries Co. Ltd., a global power equipment and floorcare & cleaning company, announced it committed to setting Science-Based targets by signing the Science Based Target initiatives (SBTi) commitment letter. The company believes it is well positioned to accelerate its sustainability journey and achieve its goals, demonstrating with this action its dedication to reducing carbon emissions throughout its value chain.
According to a statement, the company is progressing toward its Scope 1 and Scope 2 reduction goal of a 60% absolute reduction by 2030, based on a 2021 baseline. In 2022, the company improved its emission intensity by 4% compared to the prior year, resulting in an absolute total CO2e emissions reduction of 6,000 tons.
To achieve its commitment, Techtronic plans to validate its current 60% reduction and complete its Scope 3 mapping to submit its reduction targets to SBTi for validation by 2025.
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