LLBG submits commitment letter to Science Based Targets Initiative
At LLBG, we take our planet commitments seriously, recognizing the role that companies can play in minimizing the risk that climate change poses to the future of our planet.
While we don’t want to reduce sustainability to carbon, the reduction of our carbon emissions (scope 1, 2 and 3) is one of our first priorities. We are doing what we can to limit the amount of greenhouse gas emissions we emit into the atmosphere, in line with what science says is necessary to meet the goals of the Paris Agreement.
That’s why we signed the Science-Based Targets initiative (SBTi) commitment letter in March 2023, reinforcing our commitment to climate neutrality. By doing so, we join the growing group of leading companies that are setting carbon reduction targets in line with the latest climate science.
We are now in the process of developing our science-based reduction targets and commit to submitting these targets to SBTi within the next 24 months, after which they will be approved by SBTi. For our scope 1 and 2 emissions, we follow the 1.5°C pathway. For our scope 3 emissions, we’re following the pathway to keep global warming well below 2°C. Our SBTi roadmap will also make the split between FLAG (forest, land, agriculture) and non-FLAG emissions.
The Science-Based Targets Initiative (SBTi) is a non-profit and multi-stakeholder climate initiative, led by CDP, the UN Global Compact, the World Resources Institute and the World Wildlife Fund. SBTi sets out a clear methodology for companies to set their carbon reduction targets in line with what science says is necessary to meet the goals of the Paris Agreement.