HMS Networks commits to net-zero emissions – validated by Science-Based Targets

Core Insights - HMS Networks AB has received official validation of its climate targets from the Science Based Targets initiative (SBTi), marking a significant milestone in the company's commitment to sustainability and alignment with the Paris Agreement [1][2][3] Company Sustainability Goals - HMS aims to reduce Scope 1 and 2 greenhouse gas emissions by 55.84% by 2030 from a 2022 base year, and reduce Scope 3 emissions by 51.6% per SEK value added within the same timeframe [5] - Long-term commitments include a 90.0% reduction in Scope 1 and 2 emissions by 2050 and a 97.0% reduction in Scope 3 emissions per SEK value added [5] Strategic Focus - The validation from SBTi is part of HMS's 2030 Strategy, where sustainability is a main focus area, aiming to integrate sustainability into all aspects of business operations and values by 2030 [3][4] Industry Context - HMS joins a growing number of companies taking action against climate change, reflecting a broader industry trend towards sustainability and climate responsibility [3][4]