Ecolab Inc., a global sustainability leader offering water, hygiene and infection prevention solutions and services that protect people and the resources vital to life, announced that its climate targets have been approved by the Science-Based Targets initiative (SBTi), the gold standard for climate target verification. The validation encompasses Ecolab’s near- and long-term greenhouse gas (GHG) emissions targets and bolsters the company’s track record in its journey to achieve net-zero emissions across its value chain.
“Ecolab is committed to achieving our ambitious climate targets and making an even greater positive impact with our customers,” said Christophe Beck, Chairman and CEO, Ecolab. “By decarbonizing our business and empowering our customers to do the same, we are driving positive business performance while helping tackle the urgent challenge of climate change.”
As part of its decarbonization strategy, Ecolab has sourced more than 80% of its electricity globally from renewable sources and is accelerating the electrification of its vehicle fleet. Through 2023, Ecolab achieved a 25% reduction in absolute Scope 1 and 2 carbon emissions, 1 surpassing the 10% average reduction reported by WEF Alliance of CEO Climate Leaders members. 2 Additionally, Ecolab helped avoid 3.8 million metric tons of greenhouse gas emissions through collaboration with its customers in 2023.
“Science-based targets are a critical component of Ecolab’s rigorous climate resilience strategy,” said Emilio Tenuta, Senior Vice President and Chief Sustainability Officer, Ecolab. “As we proceed on our pathway toward net-zero emissions by 2050—and halfway there by 2030—Ecolab is making marked improvements in our operational efficiency while expanding our positive impact.”
About Ecolab’s SBTi-approved targets:
- Overall Net-Zero Target: Ecolab commits to reach net-zero greenhouse gas emissions across its value chain by 2050.
- Near-Term Targets: Ecolab commits to reduce absolute Scope 1 and 2 GHG emissions 50% by 2030 from a 2018 base year. 3 Ecolab also commits to increase active annual sourcing of renewable electricity from 12.9% in 2018 to 100% by 2030. Ecolab further commits to reduce absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, upstream transportation and distribution, and downstream leased assets 25% by 2030 from a 2022 base year.
- Long-Term Targets: Ecolab commits to reduce absolute Scope 1 and 2 GHG emissions 90% by 2050 from a 2018 base year. 3 Ecolab also commits to reduce absolute Scope 3 GHG emissions 90% by 2050 from a 2022 base year.
This post was originally published on here
