Forward-looking companies set science-based targets

Published: 06/04/2016

The Finnish innovation fund Sitra aims to help Finnish industries in improving their strategic competitiveness and in finding their path to carbon neutrality. Sitra provides them with facts, methods and models to be used in the transformation. Sitra finds that setting company and sectoral emission reduction targets based on science, provides companies an effective tool to show their leadership and to integrate emission reduction into business development.

Sitra commissioned Ecofys to describe the science-based targets methodology that Ecofys has developed for the Science Based Targets initiative of CDP, UN Global Compact, WRI and WWF and to provide information about the process. The resulting report explains why and how companies can set their own science-based emission reduction targets and show the benefits at company level. In connection to this report, two leading Finnish companies, Nokia and KONE, have demonstrated how the process works and what kind of benefits they have gained by setting science-based targets.

Find the report available on slideshare.net.

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Giel Linthorst
Sustainable Industries and Services
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+31 (0)6 11 366 935
(c) Sitra, Ecofys