This month, LC Packaging International has made its public commitment to set a science-based target aligned with the target-setting criteria defined by the Science Based Targets initiative (SBTi). With this commitment, LC Packaging has raised its ambition to reduce the emissions from its value chain in line with a 1.5°C pathway. The targets will cover LC Packaging’s full operations and include all sales offices and warehouses and its FIBC manufacturing sites in Bangladesh and South Africa. We expect to submit our target(s) for validation no later than the second quarter of 2022.
The latest IPCC report has made clear that, to avoid the most significant effects of climate breakdown, the world must halve greenhouse gas emissions by 2030, achieve net-zero emissions by 2050 and halt global temperature rise to 1.5°C.
Lucas Lammers, CEO LC Packaging: “Every country, company and individual must play its part. At LC Packaging we take our climate responsibility seriously. By setting science-based reduction targets, we can be sure our efforts are credible and ambitious enough the make a change. Not just for ourselves, but for the health and safety of future generations.”
At the time of this writing 1,107 companies worldwide have made commitments in line with the SBTi’s 1.5°C Business Ambition.
The SBTi is a partnership between CDP, the United Nations Global Compact, World Resource Institute (WRI) and the World Wide Fund for Nature (WWF). The initiative mobilises the private sector to take the lead on urgent climate action. By guiding companies in science-based target setting, the SBTi enables them to tackle global warming, while seizing the benefits and boosting their competitiveness in he transition to a net-zero economy. Today, over 2,200 companies committed to take action.