immo!nvest – Die Plattform für Standorte und Immobilien

Tag: SBTi

  • Schindler has set a goal of zero net emissions by 2040

    Schindler has set a goal of zero net emissions by 2040

    "Now we need climate protection measures," said Silvio Napoli, chairman of the board of directors and chief executive of Schindler. "We have probably set the most ambitious goals in our industry to accelerate the transition to a low-carbon future."

    The SBTi confirmed both Schindler's short-term and long-term goals. Schindler's short-term target for 2030 includes an absolute reduction of greenhouse gas emissions from its operations by 50%, starting from base year 2020. This includes direct emissions caused by the fleet, buildings and processes of the company (Scope 1), in addition to the indirect emissions Emissions from the purchase of electricity, heating and cooling (Scope 2). Furthermore, Schindler wants to reduce emissions in its value chain by 42% (Scope 3).

    In addition, Schindler has set a science-based, long-term emission reduction goal of achieving net zero emissions by 2040. This must be achieved through an absolute 90% reduction in greenhouse gas emissions in the fields. 1, 2 and 3, starting from base year 2020. In line with SBTi criteria and recommendations, Schindler is prioritizing decarbonisation through direct emission reduction while working to neutralize its residual emissions.

    The science goals use the latest climate science to achieve the Paris Agreement's goals: limiting global temperature rise to 1.5 ° C above pre-industrial levels. The short-term goals describe how organizations will reduce their emissions over the next five to ten years. The long-term goals indicate the level of emissions reductions organizations will need to achieve net zero emissions by 2050 at the latest. They are created by companies and validated by the Science Based Targets Initiative (SBTi), a partnership between the Carbon Disclosure Project (CDP), the United Nations Global Compact (UNGC), the World Resources Institute (WRI) and the World Wide Fund for Natura (WWF).

    Schindler also released its 2021 Sustainability Report today. It outlines its progress towards the 2022 Sustainability Roadmap and presents the results of the recently completed materiality assessment, which will feed into the 2030 Sustainability Roadmap.

    The report also illustrates how Schindler is working with clients to help them meet their climate goals and with other real estate players to drive the necessary change. Schindler has been publishing a sustainability report every year since 2011.

    Source group.schindler.com for download

  • Supporting the science-based 1.5-degree goal

    Supporting the science-based 1.5-degree goal

    In 2021, Pictet’s investment experts developed the Group’s own “Climate Investment Beliefs” as part of a comprehensive process. This initiative is based on two beliefs: Climate change has a significant impact on asset prices. Given its leadership position in the investment industry, it is important for the bank to understand these implications to support performance. As a manager and owner of assets with your investment activities influence on the consequences of climate change. It is therefore the responsibility of the company to find out how it can promote positive effects and mitigate negative ones.

    Dealing with the great ecological and social challenges of our time will require more cooperation and transparency. Joining the Net Zero Asset Managers Initiative and the SBTi’s commitment to the “Business Ambition for 1.5 ° C” reflect these convictions.

    The company is aware that achieving these goals is tantamount to a Herculean task and that efforts can only be successful if all financial actors pull along. It requires fundamental change, as well as long-term commitment and persistence and the contribution of all economic actors. Pictet wants to publish a climate action plan with concrete targets for 2030 in 2022.

    The group looks back on over two hundred years of history, based on a long-term and responsible approach to its own business and the management of its clients’ assets. In doing so, the company not only takes into account the interests of today’s, but also those of future generations. This is the core of responsible thinking and the most effective contribution we can make to a sustainable future on our planet.