Signing the Science Based Targets initiative!

No messing around, while many set their own goals the true test is to measure business against science based targets, future goals driven by scientific fact to ensure a low-carbon outcome in accordance with the Paris Agreement.

Mattias Goldmann, Sweco Chief Sustainability Officer signing the Science Based Targets.

The Science Based Targets initiative promotes science-based target setting as a way of boosting companies’ competitive advantage in the transition to the low-carbon economy. It is a collaboration between CDP, the United Nations Global Compact (UNGC), World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments.

The initiative demands that emissions reductions are in line with the Paris Agreement.

“One can choose the tougher 1.5 degree scenario or the more lenient 2 degrees, we went for the tougher. This also says that emissions are to be halved each decade; as you know, our target is to halve the first decade (2030) and then to do better than that; to go to zero (up to 15% can be offset, the rest has to be emission reductions within the organization)” Says Mattias Goldmann Sweco Chief Sustainability.

We are now joining a coalition of the willing and doing; reports show that many companies have sustainability targets that are hard to measure and not linked to the core business. This will be measured and shows that we see sustainability as business critical.

Key point from Mattias:

  • We are many: Almost 1 000 companies have signed up to this; what great hope this gives for the future – and what a great community to share experiences.
  • We have a plan. We could sign up with confidence since each Sweco home country has developed its own climate action plan; this is not wishful thinking from some CSO
  • This means business. We already see how our climate commitment gives us additional business, and helps us attract the most talented people to work for us – vital for a consultancy firm that wants to grow!