GlobalConnect commits to join the Science Based Targets initiative

Connectivity providerGlobalConnect commits to join the Science Based Targets initiative by submitting its first-ever SBTi targets. GlobalConnect commits to set near-term company-wide emission reductions in line with climate science with the SBTi.

Following a series of important sustainability milestones set during 2022 such as releasing its first joint Annual & Sustainability Report, entering the Ørsted+ATP consortium to bid for the build of the world’s first Energy Island in the North Sea and being enrolled into United Nations’ Global Compact Program – GlobalConnect has now submitted its first-ever SBTi targets, which are now awaiting target validation due in 2023.

GlobalConnect Group commits to reduce scope 1 and 2 emissions – aligned with the UN ambition of limiting global warming. GlobalConnect also commits to decarbonization in the value-chain by working across scope 3. In addition, by launching its first Diversity and Inclusiveness training for all employees in late 2022, the Group will accelerate its ambitions to be a preferred place to work.

– Submitting our first-ever Science Based targets is yet another important milestone in our ambitious sustainability program. We have been utilizing green renewable energy in our operations for years, but now we step into climate-oriented reduction efforts, addressing planetary impact in another dimension and making sure GlobalConnect is part of the global solution”, says Martin Lippert, CEO GlobalConnect Group.

About the Science Based Targets initiative The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.

The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets. www.sciencebasedtargets.org @sciencetargets