Siemens: targets aligned with SBTi Net-Zero standard
(CercleFinance.com) - Siemens announces the confirmation of its updated emissions reduction targets by the Science Based Targets (SBTi) initiative.
Siemens' short- and long-term targets are now aligned with the SBTi Net-Zero standard for Scope 1, 2 and 3 targets for 2030 and 2050.
The SBTi Net-Zero standard is the leading global framework for setting corporate net-zero targets in line with climate science.
This confirmation by SBTi validates Siemens' science-based approach to net-zero emissions, which is fully in line with the Paris Agreement.
' Achieving SBTi Net-Zero validation is a testament to our unwavering commitment to sustainability and our leadership role in moving the industry towards a net-zero future ' said Eva Riesenhuber, Global Head of Sustainability at Siemens AG.
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