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Nilörn’s climate targets validated by the Science Based Targets initiative
Globenewswire· 2026-01-22 15:00
Core Insights - Nilörngruppen's science-based targets for reducing greenhouse gas emissions have been approved by the Science Based Targets initiative (SBTi) [1][2] Group 1: Company Commitment - Nilörngruppen AB has committed to no deforestation across its primary deforestation-linked commodities by December 31, 2025, which includes FLAG emissions and removals [4] - The company aims to reduce absolute scope 1 and 2 GHG emissions by 63.0% by 2035 from a 2024 base year [7] - Nilörngruppen also targets a 37.7% reduction in absolute scope 3 GHG emissions within the same timeframe [7] - Additionally, the company plans to reduce absolute scope 3 FLAG GHG emissions by 50.0% by 2035 from a 2024 base year [7] Group 2: Strategic Importance - The approval of climate targets by SBTi is seen as a strategically important milestone that enhances Nilörn's position as a sustainability leader in the global label and trims industry [2] - This validation reflects the company's commitment to transparency and accountability in its sustainability efforts [3] Group 3: SBTi Overview - The Science Based Targets initiative (SBTi) is a collaboration involving CDP, the United Nations Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF), which promotes best practices in science-based target setting [5]