Atlas Copco has set Science Based Targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement. The 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.
Revealing their plan, Mats Rahmström, President & CEO of the Atlas Copco Group, said, “We are significantly raising our climate ambitions by setting absolute reduction goals for the entire value chain. 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.”
To reach the targets, the company 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 their own operations.
Focusing on their approach, Rahmström said, “To reach a net zero-carbon world, there is a need to transform the society. We contribute to this transformation by developing technologies and products needed for heat recovery, renewable sources of energy, and the abatement of greenhouse gases. We provide the products and solutions needed in, for example, the production of electrical vehicles, wind and solar power and biofuels.”
