- It aims to accelerate its transformation to a net-zero future whilst enabling its customers to save energy.
WD News: Grundfos has become the first organisation in the water solutions sector to receive full validation of its 2050 net-zero target from Science-Based Targets initiative (SBTi), a climate action organisation that enables companies to set Greenhouse Gas (GHG) emissions reduction targets grounded in science. SBTi also validated the company’s near-term 2030 emission reduction targets.
Poul Due Jensen, Group President & CEO of Grundfos, comments, “Our sustainability ambitions include saving energy, saving water, circular business, and water access.
Grundfos aims to accelerate its transformation to a net-zero future whilst enabling its customers to save energy. The net-zero target will require significant efforts and deep, concerted decarbonisation efforts across the company’s operations and value chain.
The SBTi also approved Grundfos’ near-term CO2 emission reduction targets.
The company has committed to reduce absolute Scope 1 and Scope 2 GHG emissions 50% and reduce absolute Scope 3 GHG emissions 25% by 2030 from a 2020 baseline year. Its science-based targets and carbon footprint baseline have been created in partnership with the Carbon Trust, a global climate consultancy.
Source & Images Courtesy: Grundfos