23rd Jul 2020 12:46
(Alliance News) - Senior PLC on Thursday said it has committed to reducing its scope 1 and 2 greenhouse gas emissions in line with the Paris Agreement's objective to limit climate warming to 1.5 degrees Celsius.
Senior had its scope 1 and 2 GHG emission targets approved by the Sciences Based Targets Initiative, being the first company in the aerospace & defence sector to do so, according to Senior.
The Hertfordshire, England-based engineering solutions provider hopes to reduce its scope 1 and 2 emissions by 30% by 2025.
GHG emissions are broken down into three categories, scope 1,2 and 3. Scope 1 includes a company's direct emissions, such fleet vehicles; scope 2 encompasses all indirect emissions caused by energy usage; and scope 3 emissions include all other indirect emissions, such as business travel, and make up the bulk of a company's carbon footprint.
Senior commits that all of its suppliers will have science-based scope 3 GHG emission targets by 2025. The company however did not comment on other elements of scope 3 emissions, such as business travel, waste disposal and water management.
Senior Chief Executive David Squires said: "We are delighted with this recognition by the SBTi, which demonstrates our long-standing commitment to help minimise global warming."
Senior shares were up 1.1% at 59.66 pence in London midday Thursday.
By Greg Roxburgh; [email protected]
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