We’ve set a science-based target.

What are science-based targets?

Science-based targets provide a clearly defined pathway for companies to reduce their greenhouse gas (GHG) emissions, so they can contribute towards helping prevent the worst impacts of climate change and future-proof business growth.

They typically need to meet the below criteria:

1. A clearly defined emissions reduction pathway.
2. A defined carbon baseline, as well as target goal date.
3. They are set in line with the latest climate science necessary to meet the goals of the Paris Agreement: limiting global warming to 1.5°C above pre-industrial levels.

The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. Its primary focus is on getting businesses across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.

At Sheard Packaging we recognise that we need to take effective action, which can contribute towards stopping the rising temperature trends that are happening across our globe. We have already witnessed so many impacts on our natural and human systems from global warming. Many land and ocean ecosystems, and some of the vital environmental stabilities they provide, are being damaged due to global warming.

The latest climate science from the IPCC, described by the UN as “code red for humanity”, shows it is still possible to limit global temperature rise to 1.5°C, but we are dangerously close to that threshold.

We need rapid and deep emissions cuts, and to combat this we have committed to near-term company-wide emission reductions, in line with climate science and with the SBTi. We are delighted to announce that our near-term target has been validated by the SBTi.

We commit to: Reduce our scope 1 and scope 2 GHG emissions 42% by 2030 from a 2022 base year, and to measure and reduce our scope 3 emissions.

This validated target marks a significant milestone in our sustainability journey and is an important driving force which will help us to take the next steps towards absolute reductions in our carbon emissions.

You can find out more on the SBTi initiative, and how your business can get involved here:  sciencebasedtargets.org