Recticel Receives Science Based Targets Initiative Approval for Net-Zero Emission Goals

Recticel, a leader in providing smart solutions for a carbon-free economy, proudly announced the approval of its greenhouse gas (GHG) emissions reduction targets by the Science Based Targets initiative (SBTi). This marks a significant milestone in Recticel's commitment to combating climate change and promoting a more sustainable future. With the validation, Recticel joins a global effort to accelerate the reduction of emissions in alignment with the latest climate science.

The SBTi, known for its role in encouraging organizations to set science-based emissions reduction targets, has classified Recticel's near-term goals as ambitious enough to align with a 1.5° climate trajectory. Specifically, Recticel aims to reduce its scope 1 and scope 2 GHG emissions by 90% by 2030, compared to 2021 levels. Additionally, the company targets a 25% reduction in scope 3 GHG emissions within the same period. Recticel's long-term commitment extends these reductions through to 2050.

CEO Jan Vergote emphasized the importance of collaboration in this journey, inviting partners and suppliers to join Recticel in aligning with climate science for a sustainable low-carbon future. Further details on Recticel's climate action plans are expected in the company's 2023 Annual Report.