Aspo Plc
Press release
December 23, 2024 at 2:00 PM
Aspo SBTi obligation?
Aspo Plc has joined the Science Based Targets initiative (SBTi) and committed to setting a near-term science-based emissions reduction target for the entire company, with the aim of limiting global warming to 1.5 °C, in line with the Paris Agreement. This commitment builds on the commitment made at the Capital Market Day in May 2024 and reflects Aspo’s ongoing transformation and sustainability journey. The company is now beginning the process of developing and validating its objectives in collaboration with SBTi.
Aspo creates value by owning and developing its companies sustainably and over the long term. Our companies strive to be market leaders in their sector and pioneers in the field of sustainability.
“We want to support the transformation to net zero in the sectors we operate in, and our commitment demonstrates that,” says CEO Rolf Jansson.?
The short-term target will cover all Aspo activities, with the aim of finalizing the target and submitting it for SBTi validation by the end of 2025. Aspo works closely with customers and partners to develop sustainable solutions. Aspo’s subsidiary ESL Shipping committed to the SBTi in 2023 and aims to reach net zero by 2040. Key actions already taken to achieve the target include ESL’s fleet renewals already announced (ESL Shipping is building a range of hand-sized, fossil-free ships to serve the Scandinavian green transition), the use of renewable electricity, logistics optimization, the adoption of renewable fuels in collaboration with customers and improving cooperation with suppliers.???
The Science Based Targets initiative?(SBTi) is a global body that enables companies to set ambitious emissions reduction targets, in line with the latest climate science. It aims to accelerate companies around the world to halve emissions by 2030 and reach net-zero emissions by 2050. The initiative is a collaboration between CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature. (WWF) and one of the commitments of the We Mean Business Coalition.?
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Aspo Oyj
Rolf Jansson
Toimitusjohtaja
For more information please contact:
Taru Uotila?, SVP Legal, Sustainability and HR, General Counsel, [email protected]
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www.aspo.com
Aspo creates value by owning and developing business activities sustainably and in the long term. Our companies strive to be market leaders in their sectors. They are responsible for their own business operations, customer relationships and their development, with the aim of being a leader in the field of sustainability. Aspo supports the profitability and growth of its companies with the right capabilities. Aspo Group has companies in 17 different countries and employs approximately 800 professionals
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