AkzoNobel’s commitment to setting science-based sustainability targets has now been officially validated by the Science Based Targets initiative (SBTi) – confirming its status as the first paints and coatings company to receive this endorsement.
The original announcement was made in July, when AkzoNobel followed up on its commitment to setting science-based sustainability targets by announcing carbon reduction targets for the full value chain.
Commenting on the latest development, CEO Thierry Vanlancker says: “We’re proud to be the first company in our industry to receive SBTi approval for our carbon reduction target. It’s a clear signal that we’re committed to taking stronger action to tackle climate change and will be an enormous innovation driver for what we do in our supply chain and with our customers.
“It means we’ve aligned our own sustainability ambitions with the Paris agreement, which aims to limit global warming and ensure that global temperature rise doesn’t exceed 1.5˚C above pre-industrial levels.”