CHILE -The renowned Science Based Targets (SBTi) initiative – which seeks to commit companies to reducing their greenhouse gas (GHG) emissions and thus reducing their impact on the environment – analyzed and validated Arauco’s commitments to limit the global temperature increase to 1.5ºC.
“Specifically, Arauco commits to reduce Scope 1 and 2 GHG emissions by 40.6% per dry ton of wood by 2030 compared to the base year 2019, equivalent to an absolute reduction of 40.4%. It also commits to reduce Scope 3 GHG emissions covering purchased goods and services, capital goods, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting, and end-of-life treatment of products sold by 35.1% per dry ton of wood within the same timeframe. In addition, Arauco is committed to achieving that 95.46% of its suppliers and customers for emissions covering investments will have science-based targets by 2027,” explained Soledad Vial, Sustainability and Impact Manager, who added that another of the company’s commitments is to reach net zero by 2050.
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