Rinchem achieves SBTi approval
Sustainability

Rinchem achieves SBTi approval

Rinchem commits to reducing absolute scope 1 and 2 GHG emissions by 54.6% by 2033 from a 2022 base year

  • By ICN Bureau | September 05, 2024

Rinchem Company, a global leader in chemical management solutions, is proud to announce the approval of its science-based targets by the Science Based Targets initiative (SBTi).

This significant milestone marks a crucial step in Rinchem's ongoing journey toward sustainability and underscores the company's commitment to reducing its greenhouse gas (GHG) emissions in alignment with the Paris Agreement's goal of limiting global warming to 1.5°C above pre-industrial levels.

Rinchem commits to reducing absolute scope 1 and 2 GHG emissions by 54.6% by 2033 from a 2022 base year. This ambitious target reflects a significant reduction in emissions from Rinchem's operations, including energy use and transportation.

The company is also committed to reducing absolute scope 3 GHG emissions from upstream transportation and distribution by 32.5% within the same timeframe. This acknowledges the impact of Rinchem's supply chain and demonstrates its commitment to working with partners to achieve sustainability goals throughout the value chain.

"We are honored to have our near-term targets officially approved by the Science Based Targets initiative, as it reflects our deep commitment to sustainability and responsible business practices," said Melody Moore, Rinchem's Director of Quality and EH&S. "These ambitious targets are not just about reducing our environmental impact—they are about leading our industry toward a more sustainable future."

Rinchem's participation in the SBTi is a key element of its broader sustainability strategy, which integrates environmental stewardship into every aspect of its operations. The company's approved near-term targets will drive significant reductions in GHG emissions across its global operations, particularly in energy-intensive areas such as transportation and distribution.

 "We recognize that the chemical management industry has a crucial role to play in addressing climate change, and we are committed to leading by example," said Lorena Hutton, CAO of Rinchem. "These targets challenge us to innovate and collaborate with our partners to achieve meaningful results."

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