Multiconsult ASA received validation of its emissions reduction targets by the Science Based Targets initiative (SBTi).
The climate targets cover emissions across the engineering and architecture firm’s Scope 1, 2 and 3 emissions.
“We are pleased that our climate targets have been validated by SBTi, confirming their alignment with what the latest climate science considers necessary to limit global warming to 1.5⁰C. This validation is a testament to Multiconsult’s climate action ambitions. As engineers and architects, we are uniquely positioned to influence and design sustainable solutions that address climate challenges. The SBTi validation is also a clear signal to our stakeholders to join us in transforming society together,” says Agathe Schjetlein, EVP Sustainability at Multiconsult, in a statement.
Multiconsult’s overall net-zero target is to reduce emissions across its own value chain and achieve climate neutrality by 2040.
The company’s climate targets are the following:
- Overall net-zero target: Multiconsult ASA commits to reach net-zero GHG emissions across the value chain by 2040.
- In the near-term, Multiconsult ASA commits to reduce absolute Scope 1 and 2 GHG emissions 73% by 2030 from a 2019 base year. Multiconsult ASA also commits to reduce absolute Scope 3 GHG emissions from purchased goods and services and business travel 30% by 2030 from a 2019 base year.
- In the long-term, Multiconsult ASA commits to reduce absolute Scope 1 and 2 GHG emissions 90% by 2040 from a 2019 base year. Multiconsult ASA also commits to reduce absolute Scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, and business travel 90% by 2040 from a 2019 base year.