Environment & climate Our climate impact Setting science based targets After tracking our scope 1 and 2 footprints for several years, 2021 was the year where we added to that work, ensuring a robust baseline for scope 1 and 2 targets and diving into our scope 3 emissions. Using the guidelines and methodology of the Science Based Targets initiative (SBTi) and the Green- house Gas protocol, we now have a strong point of departure for our continuous work to limit all our emissions. direct and indirect emissions (scope 1 and 2) by 46.2% in 2030 with 2019 as baseline. Based on this, we have set the target to reduce minimum 50% in 2030. Considering that we expect to grow our business significantly, it will be key to decouple our emissions from that growth to reach our 2030 targets and eventually reach net-zero carbon emissions. As further ex- plained on the following pages, tackling our scope 3 emissions will also be key to our success in this regard. Demant joined the Science Based Targets initiative in 2021, committing to set targets in line with what climate science deems necessary to limit global warming to 1.5°C. SBTi guide- lines prescribe that the Demant Group must reduce our own In 2022, we aim to set and validate our targets on all three scopes with SBTi. 2021 Commitment to Science Based Targets initiative 119 Demant ∙ Sustainability Report 2021 2022 Validate targets all scopes 2022-2030 Transition to 100% green energy, expand green fleet and work on scope 3 data quality and emission reductions
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