Enersense commits to Science Based Targets initiative to reduce greenhouse gas emissions
Enersense International Plc
Press release 19 January 2024 at 10:00 a.m.
Enersense has delivered a letter of commitment to the Science Based Targets initiative (SBTi), an international organisation that promotes ambitious climate action. In accordance with the Science Based Targets initiative, Enersense will set near-term emission reduction targets in line with SBTi’s criteria, which support the Paris Agreement's policy of limiting global warming to no more than 1.5 degrees Celsius.
The science-based emission reduction targets will be set according to SBTi's schedule within two years of the commitment. The new targets will be submitted to the SBT organisation for validation, and the targets will concern both Enersense's own operations (Scope 1 and 2) and the entire supply chain (Scope 3).
The majority of Enersense's total emissions consist of Scope 3 emissions from the value chain, such as purchased products and services. By committing to the SBT initiative, the emission reduction targets and measures to be set extend to Enersense's entire supply chain.
"Climate change mitigation is at the core of our sustainability work. By committing to the SBTi climate initiative, we are taking a science-based step in the development of our environmental responsibility," says Tommi Manninen, SVP, Communications and Public Relations at Enersense.
About the Science Based Targets initiative
The Science Based Targets initiative is an international collaborative effort, driven by the Carbon Disclosure Project (CDP), the UN Global Compact Initiative (UNGC), the World Institute of Natural Resources (WRI), and the World Wildlife Fund (WWF). Companies committed to the initiative set science-based emission reduction targets for their operations in line with the Paris Agreement.
The targets set by companies for reducing greenhouse gas emissions are considered science-based if they are in line with the measures that current climate science indicates must be taken to achieve the objectives of the Paris Agreement on climate change – that is, to limit global warming to well below 2°C compared to pre-industrial levels and to try to limit global warming to 1.5°C. For more information, please visit the SBTi website www.sciencebasedtargets.org
More information:
Tommi Manninen, SVP, Communications and Public Affairs
Tel.: +358 40 043 7515
Email: tommi.manninen@enersense.com
Enersense in brief:
Enersense International Plc is a creator of zero emission energy solutions and strongly supports the ongoing energy transition and enabling a zero-emission society. Enersense Group’s revenue in 2022 was EUR 282 million. The company has approximately 2,000 employees, with operations in Finland and internationally. Enersense’s shares are listed on Nasdaq Helsinki (ESENSE). The company’s investor pages can be found at www.enersense.com/investors.