January 15, 2024
(press release)
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Lucart is reasserting its commitment to sustainability by joining the Science Based Target Initiative (SBTi) to develop a strategy for reducing greenhouse gas emissions based on the latest scientific evidence and validated by a third party.
By joining the programme, we commit to setting specific reduction targets by 2026 for emissions directly controlled by the company (Scope 1), indirect emissions from the production of electricity, steam or heat (Scope 2) and indirect emissions from the company’s value chain (Scope 3). In particular, the Group has chosen to focus on identifying and developing Near-Term Reduction Targets, which are the essential starting points for defining of even more challenging climate strategies.
" For us, being part of this initiative is a further step forward in the process that we are pursuing inspired by the ethical and business values that have always accompanied us . We are convinced of the importance of giving substance to a vision to contribute to the change we all need to be part of ”, commented Massimo Pasquini , CEO of the Lucart Group . " The Science Based Target Initiative asks us to do something more. Rather than being guided by what is possible or convenient, our actions must be driven by what needs to be done globally according to science ".
Launched in 2015 from the agreement between CDP (Carbon Disclosure Project), the United Nations Global Compact (UNGC), the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), SBTi supports companies in defining best practices and setting evidence-based targets in line with the 2015 COP21 Paris Agreement on climate warming (limiting global warming to below 2°C compared to the pre-industrial temperature levels by pledging to limit it to 1.5°C). SBTi independently assesses the targets set by companies to increase their competitive advantage in the transition towards a low-carbon economy.
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