Ericsson's second round of climate targets toward Net Zero approved by Science Based Target initiative
· Ericsson committed to reduce absolute scope 1, 2 and 3 greenhouse gas emissions by 90 percent between 2020 levels and the end of 2040 · Approved targets include halving value-chain emissions by 2030 · Ericsson met and surpassed previous SBTi-approved 1.5°C-aligned targets (2016-2022)Having met and surpassed its first science-based 1.5°C-aligned Paris Agreement greenhouse gas emission reduction targets, Ericsson’s (NASDAQ: ERIC) second round of climate action targets toward Net Zero have been approved by the Science Based Targets initiative (SBTi).
Ericsson has committed to