Kemira’s ambitious climate targets validated by the Science Based Targets initiative
Kemira Oyj, Press Release, 17 October 2024, 2.30 pm (EEST)
Kemira’s ambitious climate targets validated by the Science Based Targets initiative
Kemira, a global leader in sustainable chemical solutions for water intensive industries, today announced that its climate targets have been validated by the Science Based Targets initiative (SBTi). SBTi is a partnership between CDP, the United Nations Global Compact, the World Resources Institute and the World Wide Fund for Nature, to drive climate action by enabling companies to set science-based emissions reduction targets.
The SBTi has approved Kemira’s near-term science-based emissions reduction target. SBTi has classified Kemira’s scope 1 and 2* target ambition as in line with a 1.5°C trajectory. Kemira Oyj commits to reduce absolute scope 1 and 2 emissions 51.23% by 2030 from a 2018 base year.
Kemira Oyj also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and upstream and downstream transportation and distribution 32.5% by 2033 from a 2021 base year.
“As the leader in sustainable solutions for water treatment and renewable fiber, we are proud to be enabling sustainability transformation for our customers. The climate targets that the SBTi has validated are another important contribution to tackling climate change – one of the biggest challenges humanity faces,” said Antti Salminen, Kemira’s President and CEO.
Kemira will keep its long-term ambition of becoming carbon neutral by 2045 for scopes 1&2.
*) Scope 1, 2 and 3 emissions as defined by the Greenhouse Gas Protocol. Scope 1 and 2 cover the emissions related to Kemira’s own production. Scope 3 includes all other relevant emissions throughout the value chain.
For more information, please contact:
Investor inquiries:
Mikko Pohjala, Vice President, Investor Relations
Tel. +358 40 838 0709
mikko.pohjala@kemira.com
Media inquiries:
Greg Morrison, Director Communications
Tel. +31 6 21 62 87 23
greg.morrison@kemira.com
Kemira is a global leader in sustainable chemical solutions for water-intensive industries. Our customers include industrial and municipal water treatment operators, and pulp & paper industry among others. We provide the best-suited products and services to improve our customers’ product quality, process, and resource efficiency. Our focus is on water treatment, renewable solutions and digital services. In 2023, Kemira had annual revenue of around EUR 3.4 billion and around 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd. www.kemira.com