SBTi approves Alstom’s emissions reduction targets

8 January 2021 (Last Updated January 8th, 2021 12:12)

The Science Based Targets initiative (SBTi) has approved the emissions reduction targets set by Alstom.

SBTi approves Alstom’s emissions reduction targets
The initiative of science based targets is being undertaken by CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World-Wide Fund for Nature (WWF). Credit: Kholodnitskiy Maksim/Unsplash.

The Science Based Targets initiative (SBTi) has approved the emissions reduction targets set by Alstom.

Science-based targets have been framed to meet the goals of the Paris Agreement, which aims to limit global warming to below 2°C above preindustrial points.

Alstom stated that the greenhouse gas emission targets from its operations are consistent with cutbacks required to limit warming to 1.5°C.

Alstom’s mark for the emissions from its value chain are also in conformity with the SBTi’s value chain benchmarks.

SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World-Wide Fund for Nature (WWF).

Alstom sustainability and CSR vice-president Cecile Texier said: “As a world leader in mobility solutions, energy transition and decarbonisation in transport is at the heart of everything we do at Alstom. This external validation of our targets demonstrates our strong and sustained commitment when it comes to energy and climate long-term challenges.”

The company said that it has made a commitment to decrease absolute GHG emissions from operations by 25% by 2025 from a 2019 base year.

It also has pledged to cut down scope 3 (value chain) GHG emissions from the usage of sold products from rolling stock by 35% per passenger-kilometre by 2030 from a 2019 base year.

These targets have been stated in the Alstom in Motion strategy, which has declared ambitious environmental goals for 2025.

Other Alstom’s goals include a 25% reduction in the energy consumption of solutions, using 100% renewable sources for electricity consumption, and to eco-design 100% of newly developed solutions.