Emissions reduction targets committed to by Alstom have been approved by the Science Based Targets initiative (SBTi).
The recognition certifies that the targets are consistent with the goals of the Paris Agreement and meet the level of action required.
The targets cover greenhouse gas emissions from Alstom’s operations – known as scopes 1 and 2 – and emissions from its value chain, scope 3. Alstom’s goals in scope 1 and 2 are consistent with the goal to keep warming to 1.5°C and the scope three goal meets SBTi’s criteria for ambitious value chain goals, in line with current best practice.
Cecile Texier, vice president of sustainability & CSR at Alstom said the certification is a recognition of the work done by the company.
“As a world-leader in mobility solutions, energy transition and decarbonisation in transport is at the heart of everything we do at Alstom. This external validation of our targets demonstrates our strong and sustained commitment when it comes to energy and climate long-term challenges.”
To meet its goals for scope 1 and 2 emissions, Alstom will reduce emissions by 25 per cent by 2025 from a 2019 base. For scope 3, Alstom will reduce emissions from the use of sold products from rolllingstock by 35 per cent per passenger-km by 2030 from a 2019 base.
Overall, Alstom has committed to reduce the energy consumption of its solution by 25 per cent by 2025 off a 2014 base. By that year, 100 per cent of the company’s energy will come from renewable sources, and 100 per cent of newly developed solutions will be eco designed.
The SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World-Wide Fund for Nature (WWF). The initiative defines and promotes best practice in science-based target setting and independently assesses companies’ targets.
Under the Paris Agreement, countries around the globe agreed to limit global warming to 2°C above pre-industrial levels and attempt to limit warming to 1.5°C.