Network video solutions provider Axis Communications has set a new series of sustainability goals in line with the Science Based Targets initiative (SBTi) to reduce emissions.
As part of the initiative, Axis has committed to emissions reduction targets that align with the level of decarbonisation required to meet the goals of the Paris Agreement – to limit global warming to 1.5C.
“There can be no debate that urgent action is required to address climate change,” said Ray Mauritsson, CEO of Axis. “As a signee of the UN Global Compact, our commitment to set science-based emissions reduction targets is a logical next step in our ongoing work to reduce the environmental impact of our business operations. We know that the targets we set will be ambitious and challenging – not only for us but for our supply chain – but we’re also clear that meeting this challenge is imperative for every business.”
The SBTi is a global body that aims to help private sector businesses halve emissions before 2030 and achieve net-zero emissions before 2050, based on the latest climate science. The initiative is a collaboration between the Carbon Disclosure Project, the United Nations (UN) Global Compact, World Resources Institute and the World Wide Fund for Nature, and one of the We Mean Business Coalition commitments.
“Over the next year we’ll be looking to have a science-based emissions reduction target ratified by the SBTi which will cover not only our own business, but also our upstream and downstream value chain,” said Carl Trotzig, director of quality and environment at Axis. “This scope will mean that every aspect of our business – from the raw materials used in component manufacturing to the approach to recycling products at their end-of-life – will need to demonstrably contribute to the achievement of the emissions reduction target.”