EVBox, commits to setting near-term Science Based Targets in order to align with SBTi's Corporate Net Zero Standard. By doing so, the company aims to align with the most ambitious goal of the Paris Agreement and to what science shows is necessary to reduce the impacts of climate change.
The 10 committing companies are determined to set emission reduction targets for the short- and long-term targets, aiming to achieve net-zero emissions of greenhouse gas emissions throughout their value chain, independently validated by the technical experts at SBTi. This means reducing emissions rapidly – cutting them by half by 2030. By 2050, these organisations should have almost zero emissions and plan to neutralize any remaining emissions.
The SBTi Net-Zero standard is the most ambitious target that companies can set today and covers a company's emissions along the entire value chain. Most companies will need deep decarbonisation of at least 90% to reach net-zero by 2050.
The signing was done during a CEO breakfast session prior to the Purpose Day XL conference, under the guidance of vice-president of the United Nations Global Compact, Paul Polman. The companies committing are: EVBox, Dura Vermeer, Intergamma, Koninklijke Ahrend, Media.Monks, TAUW bv, TBI, Total Care (CSU, Zorg, Zizo), Trivium Packaging, and Verstegen Spices & Sauces.
"The latest IPCC report is the strongest warning yet that only immediate, large-scale action can prevent a complete collapse of the climate. It is very hopeful that today these companies are committing to credible, measurable, and science-based targets to mitigate climate change as much as possible. Their call to all companies that have not yet set credible science-based targets to join, as well as their call for governments to help make ambitious corporate climate action business as usual, I strongly support," said Paul Polman, Vice Chair United Nations Global Compact.
