Commercial, Energy Efficiency, GHG Emissions  -  January 21, 2025

Stibo Systems' Goals Approved by SBTi

Denmark-based Stibo Software Group, the parent company of master data management (MDM) solution provider Stibo Systems, received approval for its near-term and net zero company-wide emission reductions in line with climate science from the Science Based Targets initiative (SBTi).

The group commits to lower absolute Scope 1 and 2 GHG emissions by 90% and to reduce scope 3 GHG emissions with 97% per DKK value added by FY2050 from the FY2021 base.

"Aligning our Sustainability goals with climate science has never been more urgent," said Paul van Lennep, chief sustainability officer at Stibo Software Group, in a statement. "Relatively few companies have managed to receive approval – less than 4,300 globally – and we can proudly say we're now one of them. This significant milestone helps us take real, tangible climate action and provide value to our customers, many of whom have their own targets and require their suppliers to be aligned."

Stibo Systems is taking other steps to reduce GHG emissions, such as migrating customers from on-premises to the cloud, covering the roof of the Denmark headquarters with solar panels and strengthening the corporate travel policy.

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