ASSA ABLOY commits to science-based sustainability targets
ASSA ABLOY is also launching a new sustainability program with targets for 2025
ASSA ABLOY is committing to science-based targets to further substantially reduce its greenhouse gas emissions across the entire value chain. The Group will set targets that are aligned to the Paris Agreement, limiting global temperature rise to 1.5°C, by halving emissions by 2030 and reaching net-zero by 2050.
“Sustainability will be vital to economic and industrial development in the coming decades. Our long-term commitment to science-based targets demonstrates our willingness to lead the industry towards a more sustainable future, and will further improve our competitiveness with sustainable products, solutions and operations,” said Nico Delvaux, president and CEO of the ASSA ABLOY Group, in a prepared statement.
The Group is also launching a new sustainability program with targets for 2025. The new program will build on the progress from ASSA ABLOY’s successive 5-year sustainability programs since 2010.
The result from the 2015-2020 program will be presented in the Sustainability Report due in March 2021.