For its near-term target, Lindstrom Group has also committed to reduce absolute Scope 1 and 2 GHG emissions by 50 per cent by 2030 from a 2021 base year. The company also promised to reduce absolute Scope 3 GHG emissions by 50 per cent within the same timeframe, the company said in a press release.
As part of its long-term target, the company has committed to reduce absolute Scope 1 and 2 GHG emissions by 90 per cent by 2050 from a 2021 base year. Lindstrom Group has also promised to reduce absolute Scope 3 GHG emissions by 90 per cent within the same timeframe.
Science-based target initiative (SBTi) defines and promotes best practices in emissions reductions and net-zero targets in line with climate science. The global community has committed to limiting global warming to 1.5 °C to avoid catastrophic climate change. Asia too has shown strong growth overall with a 127 per cent increase in companies setting a science-based target in 2022. The SBTi assists companies in setting and attaining ambitious emission reduction targets based on the latest climate science.
“Our focus is on sustainability and the global team has coordinated the extensive calculations and process with the SBTi and we in India believe that this only highlights Lindstrom’s resolve in reducing global GHG emissions and work for a sustainable environment,” said Jayant Roy, managing director of Lindstrom India.
The current customers in India have already seen the changes and the validated targets provide credibility and transparency to customers and other stakeholders, and help customers report progress towards their goals.
“By setting and achieving ambitious emission reduction targets, we seek to support our customers in their own sustainability aspirations, drive sustainability throughout the value chain, and contribute to a more sustainable future for all. Lindstrom’s target is to reduce GHG emissions by 50 per cent across the value chain by 2030, ultimately achieving net-zero emissions by 2050,” said Manas Kumar, global director and head of pharma and strategic marketing and business development director Asia, Lindstrom.
Lindstrom Oy is among the over 3,350 companies with their targets approved by the science-based climate targets, and among the over 390 companies globally with their net-zero targets approved. The number of companies setting science-based climate targets is growing, and now make a third of the global economy. In 2022, the SBTi reported a sharp rise in companies setting science-based targets, with 87 per cent more or 1,097 businesses having their targets validated than the previous year.
Lindstrom India is providing workwear services to almost all industry segments since the last 16 years and has India’s first Cleanroom laundry services in Pune.
Fibre2Fashion News Desk (NB)