De La Rue Publishes SBTi Targets
De La Rue has recently submitted targets to the Science Based Targets initiative (SBTi) to reduce its greenhouse gas emissions, consistent with limiting global temperature increases to no more than 1.5°C.
SBTi is a Net Zero standard and provides an independent assessment of corporate Net Zero target setting. Since 2015 more than 1,000 companies have joined the initiative.
De La Rue has already been certified for ISO14001 in the UK since 2003 and for all its manufacturing sites globally since 2011. Its work in this field has also been recognised externally, being named within the Top 25 of Europe’s Climate Leaders by the Financial Times in 2021.
Its SBTi target is a reduction in all its emissions (scope 1, 2 and 3) by 45% by 2030. In addition, it has committed to achieve carbon neutrality for its own operations by 2030.
Recent initiatives which help towards this goal include the installation of cool roof technology in its plant in Malta, moving its Certify authentication solution from on-premises hardware installations to a cloud hosted solution and recycling 100% of the polymer waste from its production process.
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