DS Smith has confirmed the company’s commitment to align its global operations to a 1.5°C scenario as set out in the Paris Climate Agreement.
The roadmap to 1.5°C has been submitted for verification by the Science Based Targets initiative (SBTi).
To achieve this, DS Smith revealed it is ‘accelerating’ the reduction of carbon emissions for its own operations, as well as those of its partners and suppliers, by committing to reducing its Scope 1, 2 and 3 Green House Gas (GHG) emissions by 46% on an absolute basis by 2030, compared to 2019 levels.
Miles Roberts, group chief executive at DS Smith, explained, “Today’s announcement demonstrates our ambition in reducing carbon as part of our long-term sustainability focus. This commitment not only ensures our business is leading the way in reducing our carbon footprint, but also guarantees we are challenging our suppliers and partners to do the same.
“Our business has ambitious growth plans over the coming years as we lead the transition to a circular economy and these commitments are a crucial part of our Now and Next sustainability strategy which will see us create a positive impact for people and the planet both now and in the future.”
DS Smith added that it will invest in next generation engineering solutions, such as biomethane boiler technology. The company will also harness self-generated renewable energy sources, such as wind and solar, and power purchasing agreements to replace grid electricity.
The firm also plans to engage with all its strategic suppliers to encourage them to adopt science-based targets by 2027.
