CERATIZIT, a leading provider of carbide solutions, has received official recognition from the Science Based Targets Initiative (SBTi) for its short-term, long-term, and science-based net-zero targets. This recognition confirms that CERATIZIT's emissions reduction targets align with the latest findings in climate science and the 1.5°C goal of the Paris Agreement.
SBTi Services has confirmed that the science-based targets submitted by CERATIZIT for reducing greenhouse gas emissions are in line with the SBTi Corporate Net Zero Standards and Guidance. The company is committed to reducing its absolute Scope 1, Scope 2, and selected Scope 3 greenhouse gas emissions by 54 percent by the fiscal year 2030, using the fiscal year 2020 as the baseline. These Scope 3 categories include emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting, and investments.
In addition, CERATIZIT has committed to reducing its absolute Scope 1, 2, and 3 emissions by 90 percent by 2040. To achieve net-zero emissions across the entire value chain by 2040, the company will prioritize deep emissions reductions and will compensate for any remaining residual emissions in accordance with the Net-Zero Standard of the Science Based Targets initiative (SBTi).
Significant progress has already been made.
In 2020, CERATIZIT reported total emissions of 316,503 tons of CO₂ equivalent. By 2023, this figure had already been reduced to 277,900 tons, marking a significant step towards decarbonization. The company identified its largest sources of emissions as purchased goods and services, which accounted for 31 percent of total emissions, followed by the processing of sold products at 24 percent and upstream transport and distribution at 13 percent.
CERATIZIT is committed to reporting annually on its progress towards achieving these goals in accordance with the Greenhouse Gas Protocol. The company will also review its goals at least every five years and recalculate them if necessary to ensure continuous alignment with the latest scientific guidelines and any significant changes in its business operations or emissions profile.
Further information about the SBTi and the validated targets of CERATIZIT can be found at: www.sciencebasedtargets.org
About the Science Based Targets initiative (SBTi)
The Science Based Targets Initiative is a global body that enables companies to set ambitious emissions reduction targets in line with climate science. It is a collaboration between CDP, the United Nations Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). The SBTi defines and promotes best practices
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