Science Based Targets Initiative Confirms Evonik's Climate Targets
Evonik's climate targets are in line with the Paris Agreement on Climate Change. This has been scientifically verified and confirmed by the independent Science Based Targets initiative (SBTi). The company's targets related to greenhouse gas emission reduction help limit global warming to well below 2 degrees Celsius. Evonik is aiming to revalidate its climate targets in the near future so that it can also support a path that limits warming to 1.5 degrees Celsius by 2050.
The company presented its new sustainability strategy already last year and committed itself to SBTi’s targets. Evonik submitted to the initiative its plan for reducing scope 1 and 2 greenhouse gas emissions by 25 percent by 2030: from currently 6.3 million metric tons (base year 2021) to 4.7 million metric tons of CO2 equivalent. "The validation of our savings targets by the SBTi gives us confidence that we are on the right track. It motivates us to work hard to further reduce emissions significantly," says Thomas Wessel, Chief Human Resources Officer, Labor Relations Director and responsible for Climate and Sustainability on Evonik's Executive Board.