Client
Expertise
Target settingImpact
Raising climate ambitions by taking control of use phase emissions.Image
Science-based targets (SBTs)
Targets are deemed science-based if they are in line with what the latest climate science says is needed to meet the goals of the Paris Agreement. Scope 1 and 2 targets must align to a 1.5C trajectory, while Scope 3 must align to a well-below 2C pathway. Meanwhile, a Net Zero target builds on a science-based target to define the long-term actions required for a company to align to a 1.5C pathway. Find out moreSolution
Putting Net Zero at the heart of Grundfos’ business strategy
The Carbon Trust had already supported Grundfos to calculate their value chain footprint and model their first science-based target in 2021. Against this backdrop, the Carbon Trust partnered with Grundfos in 2022 to update its carbon footprint and science-based targets and plot a path to Net Zero. Together we:
Grundfos pledged to reduce Scope 3 emissions in a number of ways, through:
- Improving the efficiency of products
- Focusing on extending the longevity of products
- Looking at alternative business and/or service models
- The launch of a supplier engagement programme to support Grundfos’ decarbonisation journey
- The embedment of a circular economy in Grundfos’ business model