Ecolab’s Climate Targets Approved by Science-Based Targets initiative
Ecolab announced that its climate targets have received approval from the Science-Based Targets initiative (SBTi). The company has made significant progress in its sustainability efforts, having sourced over 80% of its electricity globally from renewable sources and achieved a 25% reduction in absolute Scope 1 and 2 carbon emissions through 2023. Through collaboration with customers, Ecolab helped avoid 3.8 million metric tons of greenhouse gas emissions in 2023. The company is pursuing net-zero emissions across its value chain by 2050, with a goal to be halfway there by 2030.
Ecolab ha annunciato che i suoi obiettivi climatici hanno ricevuto l'approvazione dall'iniziativa Science-Based Targets (SBTi). L'azienda ha fatto significativi progressi nei suoi sforzi per la sostenibilità, avendo ottenuto oltre l'80% della sua elettricità a livello globale da fonti rinnovabili e aver raggiunto una riduzione del 25% delle emissioni di carbonio assolute Scope 1 e 2 entro il 2023. Grazie alla collaborazione con i clienti, Ecolab ha contribuito a evitare 3,8 milioni di tonnellate metriche di emissioni di gas serra nel 2023. L'azienda sta perseguendo emissioni nette pari a zero lungo la sua catena del valore entro il 2050, con l'obiettivo di arrivarci a metà strada entro il 2030.
Ecolab anunció que sus objetivos climáticos han recibido la aprobación de la iniciativa Science-Based Targets (SBTi). La empresa ha realizado un progreso significativo en sus esfuerzos de sostenibilidad, habiendo obtenido más del 80% de su electricidad a nivel global de fuentes renovables y alcanzado una reducción del 25% en las emisiones de carbono absolutas Scope 1 y 2 para 2023. A través de la colaboración con los clientes, Ecolab ayudó a evitar 3.8 millones de toneladas métricas de emisiones de gases de efecto invernadero en 2023. La compañía está persiguiendo emisiones netas cero en toda su cadena de valor para 2050, con el objetivo de alcanzar la mitad para 2030.
에코랩은 그들의 기후 목표가 과학 기반 목표 이니셔티브(SBTi)의 승인을 받았다고 발표했습니다. 회사는 전 세계에서 80% 이상의 전기를 재생 가능한 에너지원에서 조달하고 2023년까지 Scope 1 및 2의 절대 탄소 배출량을 25% 줄이는 등의 지속 가능성 노력에서 중요한 진전을 이루었습니다. 고객과의 협력을 통해 에코랩은 2023년에 380만 미터톤의 온실가스 배출을 방지하는 데 기여했습니다. 이 회사는 2050년까지 가치 사슬 전반에 걸쳐 탄소 배출량을 넷 제로로 만들기 위해 노력하고 있으며, 2030년까지 그 목표의 중간 지점에 도달하는 것을 목표로 하고 있습니다.
Ecolab a annoncé que ses objectifs climatiques ont été approuvés par l'initiative Science-Based Targets (SBTi). L'entreprise a réalisé des progrès significatifs dans ses efforts de durabilité, ayant obtenu plus de 80 % de son électricité à l'échelle mondiale à partir de sources renouvelables et atteint une réduction de 25 % des émissions de carbone absolues des scopes 1 et 2 d'ici 2023. Grâce à la collaboration avec ses clients, Ecolab a contribué à éviter 3,8 millions de tonnes métriques d'émissions de gaz à effet de serre en 2023. L'entreprise vise des émissions nettes nulles dans l'ensemble de sa chaîne de valeur d'ici 2050, avec l'objectif d'y parvenir à mi-parcours d'ici 2030.
Ecolab gab bekannt, dass seine Klimaziele die Genehmigung der Science-Based Targets Initiative (SBTi) erhalten haben. Das Unternehmen hat bedeutende Fortschritte in seinen Nachhaltigkeitsbemühungen erzielt, indem es über 80% seiner globalen Elektrizität aus erneuerbaren Quellen bezogen hat und eine Reduzierung der absoluten Scope 1- und 2-Kohlenstoffemissionen um 25% bis 2023 erreicht hat. Durch die Zusammenarbeit mit Kunden hat Ecolab 2023 dazu beigetragen, 3,8 Millionen metrische Tonnen Treibhausgasemissionen zu vermeiden. Das Unternehmen verfolgt das Ziel, bis 2050 nettonull Emissionen in seiner gesamten Wertschöpfungskette zu erreichen, mit dem Ziel, bis 2030 zur Halbzeit zu gelangen.
- Achieved 25% reduction in Scope 1 and 2 carbon emissions through 2023
- Sourced over 80% of electricity from renewable sources globally
- Helped customers avoid 3.8 million metric tons of greenhouse gas emissions in 2023
- None.
Insights
The SBTi validation of Ecolab's climate targets represents a significant milestone in corporate environmental governance, though its immediate financial impact is The company's achievement of
While these environmental achievements are noteworthy, they primarily serve to reinforce Ecolab's existing market position rather than create new revenue streams. The customer collaboration resulting in 3.8 million metric tons of avoided emissions indicates strong client relationships and potential for continued business retention, but doesn't significantly alter near-term financial projections.
Achieving net-zero emissions is central to Ecolab's ambition to deliver net positive water and climate impact
“Ecolab is committed to achieving our ambitious climate targets and making an even greater positive impact with our customers,” said Christophe Beck, Chairman and CEO, Ecolab. “By decarbonizing our business and empowering our customers to do the same, we are driving positive business performance while helping tackle the urgent challenge of climate change.”
As part of its decarbonization strategy, Ecolab has sourced more than
“Science-based targets are a critical component of Ecolab’s rigorous climate resilience strategy,” said Emilio Tenuta, Senior Vice President and Chief Sustainability Officer, Ecolab. “As we proceed on our pathway toward net-zero emissions by 2050—and halfway there by 2030—Ecolab is making marked improvements in our operational efficiency while expanding our positive impact.”
Learn more about Ecolab’s ambition to achieve a net positive water and climate impact at https://www.ecolab.com/corporate-responsibility.
About Ecolab’s SBTi-approved targets:
- Overall Net-Zero Target: Ecolab commits to reach net-zero greenhouse gas emissions across its value chain by 2050.
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Near-Term Targets: Ecolab commits to reduce absolute Scope 1 and 2 GHG emissions
50% by 2030 from a 2018 base year.3 Ecolab also commits to increase active annual sourcing of renewable electricity from12.9% in 2018 to100% by 2030. Ecolab further commits to reduce absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, upstream transportation and distribution, and downstream leased assets25% by 2030 from a 2022 base year. -
Long-Term Targets: Ecolab commits to reduce absolute Scope 1 and 2 GHG emissions
90% by 2050 from a 2018 base year.3 Ecolab also commits to reduce absolute Scope 3 GHG emissions90% by 2050 from a 2022 base year.
About Ecolab:
A trusted partner for millions of customers, Ecolab (NYSE:ECL) is a global sustainability leader offering water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. Building on a century of innovation, Ecolab has annual sales of
Follow us on LinkedIn @Ecolab, Twitter @Ecolab, Instagram @Ecolab_Inc and Facebook @Ecolab.
Cautionary Statements Regarding Forward-Looking Information:
This news release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 regarding items such as our climate targets and initiatives. Without limiting the foregoing, words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “we believe,” “we expect,” “estimate,” “project,” “aspire to” (including the negative or variations thereof), “intends,” “could,” or similar terminology, generally identify forward-looking statements. Except as may be required under applicable law, we undertake no duty to update our forward-looking statements. Forward-looking statements may represent challenging goals for us. These statements, which represent our expectations or beliefs concerning various future events, are based on current expectations that involve a number of risks and uncertainties that could cause actual results to differ materially from those of such forward-looking statements. We caution that undue reliance should not be placed on such forward-looking statements, which speak only as of the date made.
Forward-looking and other statements in this news release may also address our sustainability initiatives, goals, targets and progress, and the inclusion of such statements is not an indication that these contents are necessarily material to investors or required to be disclosed in our filings with the Securities and Exchange Commission “SEC”). In addition, historical, current, and forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future and performance against our goals and targets may differ from such forward-looking statements in such event. For a further discussion, please refer to the Company's disclosures entitled “Forward-Looking Statements and Risk Factors,” which begins on page 16 of our 2023 Annual Report on Form 10-K and our other public filings with the SEC.
(ECL-C)
1 From a 2018 base year.
2 2024 Alliance of CEO Climate Leaders annual members survey results, for the period 2019-2022.
3 The target boundary includes land-related emissions and removals from bioenergy feedstocks.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241030217250/en/
Kyle Kapustka
612-708-4304
MediaRelations@Ecolab.com
Source: Ecolab Inc.
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