STONBURY JOINS THE SCIENCE BASED TARGET INITIATIVE
Stonbury has taken proactive measures to join the Science Based Targets initiative – a partnership between Carbon Disclosure Project (CDP), the UN Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). This strategic move underscores Stonbury’s commitment to ensure its emissions reduction objectives remain consistent with the latest developments in climate science.
The SBTi has validated Stonbury’s near-term science-based emissions reduction target to reduce scope 1 and scope 2 GHG emissions 50% by 2030 from a 2018 base year, and to measure and reduce its scope 3 emissions. The target was validated using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs).
"We understand the need for urgent action therefore, Stonbury’s commitment to keeping up the pace to reach our target of halving scope 1 and scope 2 GHG emissions by 2030 has never been stronger. There has never been a greater need for us to introduce new technologies and embrace new ways of working, which reduce and eliminate carbon emissions from our operations and supply chain."
Following a comprehensive company-wide assessment, Stonbury is developing plans for a strategic roadmap that identifies opportunities for carbon reduction. While it will focus primarily on reducing diesel consumption across its operations - using sustainably sourced HVO Renewable Diesel, attention will also be given to alternative possibilities, including using battery-operated tools, electrifying the company car fleet and utilising green energy tariffs. In addition, Stonbury plans to engage with their supply chain to share ideas, best practice and resources and reduce waste by seeking opportunities to 'reduce, reuse and recycle'.
"We have an existential responsibility to our people and our planet to significantly reduce our GHG emissions. Joining the SBTi further reinforces our commitment to fulfilling that obligation.”