Vestas has announced that it will be a carbon-neutral company by 2030.
To become carbon-neutral the company will reduce their global carbon footprint by 55% by 2025, reaching 100% by 2030, and will achieve this through their own actions instead of using carbon offsets. They will be transitioning to electric vehicles for their company cars, will start replacing their global service vehicle fleet with vehicles fuelled by renewables and will be exploring further steps to reduce heating and transport related CO2 emissions from their operations. The company’s factories and offices have been powered by 100% renewable electricity since 2013.
The company is also aiming to reduce CO2 emissions from their supply chain by 45% per MWh generated by 2030. The measurement has been chosen because it incentivises sustainability partnerships with suppliers that both reduce CO2 emissions and allows for the continued growth of the global renewable energy sector. Vestas have said they will therefore actively seek sustainability partnerships with their suppliers.
Vestas have stated that their commitments are shaped based on recommendations from the Science Based Target initiative (SBTi), an initiative led by the Carbon Disclosure Project, the United Nations Global Compact, the World Resources Institute and the WWF. The SBTi advises and assists companies in defining a pathway to future-proof growth and driving the transition to a carbon-free future. Vestas joins at least 730 other companies who have already committed to reduce their greenhouse gas emissions under the umbrella of the SBTi.
Read the article online at: https://www.energyglobal.com/special-reports/06012020/vestas-announces-carbon-neutral-commitment/