As an active proponent of responsible chemistry, Stahl is submitting a greenhouse gas (GHG) emissions reduction target that is aligned with the most recent guidance provided by the Science Based Targets initiative (SBTi).
The company’s SBTi submission includes a specific commitment regarding its Scope 3 upstream emissions, which it aims to reduce by at least 25% over the next 10 years, compared with the base year (2021). This reduction would primarily be achieved by Stahl Holdings BV, Waalwijk/Netherlands, replacing its fossil-based raw materials with lower-carbon alternatives. The target is a major step towards the objective of limiting global warming temperature increase to 1.5°C above pre-industrial levels by 2050, as agreed at the 2015 Paris Climate Accords.
Stahl has already reduced its Scope 1 and 2 (direct) GHG emissions by more than 30%, thanks to operational efficiency gains and by decarbonizing its energy supply. Scope 3 GHG emissions cover all the additional indirect emissions that can occur in the value chain, including those associated with purchased raw materials, packaging, business travel, and transportation. Scope 3 emissions currently represent over 90% of the company’s carbon footprint.
»We are committed to taking the necessary steps together to meet this important ambition for our stakeholders, for our planet, and for society at large.«