Smurfit Kappa aligning climate change goal with Science Based Target initiative
Smurfit Kappa is taking another step forward in its sustainability journey by signing a commitment to align its CO2 target with the Science Based Target (SBT) initiative. The move follows on from the packaging leader recently revealing in its 2019 Sustainable Development Report that it has reduced its fossil CO2 emission intensity by almost a third (32.9%) since 2005. The SBT is a collaboration between the UN Global Compact, WWF, CDP and World Resources Institute (WRI). The initiative champions science-based target setting as a powerful way to boost companies’ competitive advantage in the transition to a low-carbon economy and focuses in particular on validating their CO2 reduction targets in line with the objectives of the Paris Agreement.