Globe Newswire
Summary
The Science Based Targets initiative (SBTi) has approved Sanoma’s near-term science-based emission reduction targets for own operations (Scope 1 and 2) and value chain (Scope 3). This validation confirms that Sanoma’s climate strategy and business model are compatible with transition to a sustainable economy and limiting of global warming to 1.5°C in line with the Paris Agreement.
“Sanoma’s K12 learning services and independent media have a highly positive net impact on society. As producing reliable and fact-based content is the core of our business, ensuring that our climate action and transition plans are science-based and ambitious is key to us. This is why were are especially happy with the validation of our climate targets by SBTi,” says Alex Green, CFO of Sanoma.
Sanoma’s carbon footprint in 2022 was about 157,000 tonne of CO2 equivalents, which for comparison corresponds to about 0.3% of the national annual carbon footprint of Finland. Sanoma’s validated SBTi target for own operations is to reduce absolute Scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year. In practice, Sanoma focuses especially on reducing emissions caused by district heating and cooling of its premises
Continue Reading
#News#DistrictHeating