The reduction targets of Sun Chemical and its parent company DIC Corporation have been validated by the Science Based Targets initiative.
Sun Chemical
has recently announced that its greenhouse gas emissions reduction targets
and the ones of its parent company DIC Corporation have been validated by the Science Based Targets initiative (SBTi) as consistent with the levels necessary to limit average global warming to well below 2° C above pre-industrial levels.
“To be validated by the SBTi is a major accomplishment, especially for an organization the size and complexity of Sun Chemical and the entire DIC Group. It shows our entire organization’s commitment to lead the industry charge toward sustainability,” has stated Mike Simoni, the global sustainability director of Sun Chemical.
As a matter of fact, the group has set the goal of achieving carbon neutrality by working to lower total Scope 1, 2 and 3 greenhouse gas emissions by 27.5%, taking 2019 as baseline. In addition, Sun Chemical and the DIC Group are curtailing greenhouse gas emissions by 13.5% by 2030 by advancing the use of recycled and biomass raw materials, assisting customers to improve recycling rates, decreasing the disposal of used products and enhancing the efficiency of material recycling employing proprietary technologies.
“This endorsement from SBTi is recognizing our commitment to greenhouse gas emissions reduction and circularity and will further support our customers’ efforts to meet their own sustainability targets,” has also added Nicolas Bétin, the global sustainability business leader.
Moreover, since 2020 the Corporate Sustainability Committee of the company has met to further strengthen its approach to addressing the sustainability needs of the industries it serves. DIC also has an established Climate Change Subcommittee which is responsible for discussing and debating responses to climate change-related issues as well as considering climate change targets and initiatives.
“Sun Chemical, as part of the DIC Group, have demonstrated our deep commitment to sustainability over many years, and achieving the Science Based Targets Initiative endorsement is an important next step in that journey. Our plans include focus on exciting product and service innovations to enable circularity and that will have cascading environmental benefits throughout our value chains,” has concluded Nikola Juhasz, the global technical director of Sustainability at Sun Chemical.