Assa Abloy has committed to science-based targets to further substantially reduce its greenhouse gas emissions. The Group will set targets that are aligned to the Paris Agreement, limiting global temperature rise to 1.5°C, by halving emissions by 2030 and reaching net-zero by 2050.
“Sustainability will be vital to economic and industrial development in the coming decades,” said Nico Delvaux, President and CEO of the Assa Abloy Group. “Our long-term commitment to science-based targets demonstrates our willingness to lead the industry towards a more sustainable future, and will further improve our competitiveness with sustainable products, solutions and operations.”
The Group is also launching a new sustainability programme with targets for 2025. The new programme builds on the momentum and progress from the manufacturer’s successive 5-year sustainability programmes since 2010. It focuses on improving employees’ health and safety, reducing energy, carbon and water consumption, increasing materials efficiency and reducing waste generated.