Focusing on our major impacts, we will prevent millions of tons of carbon dioxide and its equivalents (CO2e) from entering the atmosphere.
Halve the Group’s climate impact, preventing the release of 25 million tonnes of carbon dioxide and its equivalents (CO2e) over 15 years – between 2005 and 2020.
Tackling climate change by reducing greenhouse gas emissions is one of the greatest, most urgent challenges facing society.
We are reducing CO2 emissions from our own manufacturing facilities, product transport, and the energy consumed during their use. We know there will be challenges to achieving this ambitious goal – but we are prepared to invest, innovate and influence the marketplace to overcome them.
As product energy use is responsible for over 80% of our climate impact, product efficiency is where we can make our greatest contribution to tackling climate change.
We can also make a difference by eliminating the use of hydro fluorocarbons (HFCs) when manufacturing refrigerators, air conditioners and products with heat pumps. HFCs are gases with a high global warming potential that are still used in some countries due to regulatory or market barriers to alternative solutions.
Halve the Group’s climate impact by 2020, preventing the release of 25 million tonnes of carbon dioxide (CO2) over 15 years.
By the end of 2017, we had cut our CO2 emissions by 31% compared to 2005 - toward our 50% target by 2020. During the year, we submitted a new science-based climate target to the Science Based Target initiative for approval. The target will contribute to long-term and structured action on climate change that goes beyond our current 2020 objective.
The Science Based Target initiative is a global initiative headed by CDP, the UN Global Compact (UNGC), the World Resources Institute (WRI) and the World Wildlife Foundation (WWF). The initiative enables companies to set climate targets consistent with the level of de-carbonization required to limit global warming to less than 2°C, compared with pre-industrial temperatures.
The Group's science based target includes a 2025 target. Both our own operations and the emissions that occur during the use phase of our products are covered by the target.
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