SBTi approves Sandvik’s science-based emission reduction targets
Sandvik’s targets for reducing greenhouse gas (GHG) emissions have now been validated by the Science Based Targets initiative (SBTi) as aligned with the latest climate science and consistent with the goals of the Paris Agreement. Sandvik committed to set targets in line with SBTI’s criteria in December 2021 and submitted the new targets for validation in November 2022. With the new targets Sandvik commits to reach net-zero GHG emissions by 2050 at the latest. Sandvik also commits to reducing absolute scope 1 and 2 GHG emissions by 50% by 2030 with 2019 as the base year, and to reduce