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Grundfos Becomes World’s First Water Solutions Company With Approved Net-Zero Science-Based Targets

  • 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

 

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