Science Based Targets set to reduce greenhouse gas emissions in line with Paris Agreement
The Atlas Copco Group aims to reduce emissions from its own operations in line with keeping the global temperature rise below 1.5 degrees and to reduce emissions from the value chain in line with keeping well below a 2-degree temperature rise. “The goals are validated by the Science Based Targets initiative,” it states.
“Atlas Copco has for a long time worked to offer the most energy-efficient products and solutions,” it points out. “In our own operations, there is a focus on buying renewable electricity, installing solar panels, switching to biofuels in portable compressor testing, implementing energy conservation measures, logistics planning improvements, as well as switching to more environmentally-friendly transport.”
This is said to have resulted in a 28% reduction of CO2 emissions from the energy consumption in operations and transport of goods, in relation to cost of sales and compared to a 2018 baseline.
Increasing energy efficiency
To reach the targets, Atlas Copco says it will continue to focus on increasing the energy efficiency of products and supporting customers to reach their own sustainability ambitions, as well as reducing emissions from its own operations.
“We are significantly raising our climate ambitions by setting absolute reduction goals for the entire value chain,” says Mats Rahmström, president & CEO of the Atlas Copco Group. “The absolute majority of our impact comes from the use of our products and this is where we can make the most impact. We will continue to develop energy-efficient solutions that enable customers all over the world to lower their greenhouse gas emissions.