12.07.21
International Paper announced its 35% Greenhouse Gas reduction target has been approved by Science Based Targets initiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement.
The targets covering greenhouse gas emissions from International Paper's operations (scopes 1 and 2) are consistent with reductions required to keep warming to well-below 2°C. Additionally, International Paper's target for the emissions from its value chain (scope 3) meet the SBTi's criteria for ambitious value chain goals, meaning they are in line with current best practice.
The approval formally recognizes International Paper as a leader in the low-carbon transition, and makes the company one of the first North American organizations in the paper and packaging industry with approved targets, joining over 1,000 others across industries and around the world.
"As a global leader in the forest products industry, International Paper is uniquely positioned to drive significant progress in the low-carbon circular economy," said Mark Sutton, chairman and CEO, International Paper. "We are committed to leading our industry towards a more sustainable future.
"The SBTi approval means we've aligned our own sustainability ambitions with the Paris agreement, and demonstrates International Paper's commitment to building a better future for people, the planet and our company," added Sutton.
The targets covering greenhouse gas emissions from International Paper's operations (scopes 1 and 2) are consistent with reductions required to keep warming to well-below 2°C. Additionally, International Paper's target for the emissions from its value chain (scope 3) meet the SBTi's criteria for ambitious value chain goals, meaning they are in line with current best practice.
The approval formally recognizes International Paper as a leader in the low-carbon transition, and makes the company one of the first North American organizations in the paper and packaging industry with approved targets, joining over 1,000 others across industries and around the world.
"As a global leader in the forest products industry, International Paper is uniquely positioned to drive significant progress in the low-carbon circular economy," said Mark Sutton, chairman and CEO, International Paper. "We are committed to leading our industry towards a more sustainable future.
"The SBTi approval means we've aligned our own sustainability ambitions with the Paris agreement, and demonstrates International Paper's commitment to building a better future for people, the planet and our company," added Sutton.