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MillerKnoll Achieves SBTi Validation for Near-Term Carbon Reduction Targets

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MillerKnoll (MLKN) has received validation from the Science Based Targets initiative (SBTi) for its near-term emissions reduction targets. The company commits to:

  • Reduce absolute scope 1 and 2 GHG emissions by 50% by FY2030 from FY2022 baseline
  • Increase renewable electricity sourcing from 38.3% to 100% by FY2030
  • Cut scope 3 GHG emissions from purchased goods, operational waste, and product end-of-life by 25% by FY2030

This validation follows MillerKnoll's new sustainability strategy announcement, reinforcing its commitment to environmental stewardship and sustainable design practices.

MillerKnoll (MLKN) ha ricevuto la convalida dall'iniziativa Science Based Targets (SBTi) per i suoi obiettivi di riduzione delle emissioni a breve termine. L'azienda si impegna a:

  • Ridurre le emissioni di gas serra assolute di scope 1 e 2 del 50% entro l'anno fiscale 2030 rispetto al livello di base del 2022
  • Aumentare la fornitura di elettricità rinnovabile dal 38.3% al 100% entro l'anno fiscale 2030
  • Ridurre le emissioni di gas serra di scope 3 derivanti da beni acquistati, rifiuti operativi e fine vita del prodotto del 25% entro l'anno fiscale 2030

Questa convalida segue l'annuncio della nuova strategia di sostenibilità di MillerKnoll, rafforzando il suo impegno per la gestione ambientale e le pratiche di design sostenibile.

MillerKnoll (MLKN) ha recibido la validación de la iniciativa Science Based Targets (SBTi) para sus objetivos de reducción de emisiones a corto plazo. La empresa se compromete a:

  • Reducir las emisiones absolutas de gases de efecto invernadero de alcance 1 y 2 en un 50% para el año fiscal 2030, tomando como base el año fiscal 2022
  • Aumentar la proporción de electricidad renovable del 38.3% al 100% para el año fiscal 2030
  • Reducir las emisiones de gases de efecto invernadero de alcance 3 procedentes de bienes adquiridos, residuos operativos y el final de vida del producto en un 25% para el año fiscal 2030

Esta validación sigue al anuncio de la nueva estrategia de sostenibilidad de MillerKnoll, reforzando su compromiso con la gestión ambiental y las prácticas de diseño sostenible.

MillerKnoll (MLKN)은 단기 배출 감축 목표에 대해 과학 기반 목표 이니셔티브(SBTi)로부터 검증을 받았습니다. 회사는 다음과 같은 목표를 세우고 있습니다:

  • 2022 회계연도를 기준으로 2030 회계연도까지 범위 1 및 2의 절대 온실가스 배출량을 50% 줄입니다.
  • 2030 회계연도까지 재생 가능한 전력 공급 비율을 38.3%에서 100%으로 증가시킵니다.
  • 2030 회계연도까지 구매한 상품, 운영 폐기물 및 제품의 생애 종료로 인한 범위 3 온실가스 배출량을 25% 줄입니다.

이번 검증은 MillerKnoll의 새로운 지속 가능성 전략 발표에 이어 이루어졌으며, 환경 관리 및 지속 가능한 디자인 관행에 대한 헌신을 강화하고 있습니다.

MillerKnoll (MLKN) a reçu la validation de l'initiative Science Based Targets (SBTi) pour ses objectifs de réduction des émissions à court terme. L'entreprise s'engage à :

  • Réduire les émissions absolues de gaz à effet de serre de portée 1 et 2 de 50% d'ici l'exercice 2030 par rapport à l'année de référence 2022
  • Augmenter la part d'électricité renouvelable de 38.3% à 100% d'ici l'exercice 2030
  • Réduire les émissions de gaz à effet de serre de portée 3 provenant des biens achetés, des déchets opérationnels et de la fin de vie des produits de 25% d'ici l'exercice 2030

Cette validation fait suite à l'annonce de la nouvelle stratégie de durabilité de MillerKnoll, renforçant son engagement en faveur de la gestion environnementale et des pratiques de design durable.

MillerKnoll (MLKN) hat von der Science Based Targets Initiative (SBTi) eine Validierung seiner kurzfristigen Emissionsreduktionsziele erhalten. Das Unternehmen verpflichtet sich zu:

  • Eine absolute Reduktion der Treibhausgasemissionen der Scope 1 und 2 um 50% bis zum Geschäftsjahr 2030 basierend auf dem Jahr 2022
  • Die Beschaffung von erneuerbarer Elektrizität von 38.3% auf 100% bis zum Geschäftsjahr 2030 zu steigern
  • Die Treibhausgasemissionen der Scope 3 aus gekauften Waren, Betriebsabfällen und dem Lebensende von Produkten bis zum Geschäftsjahr 2030 um 25% zu senken

Diese Validierung folgt auf die Ankündigung der neuen Nachhaltigkeitsstrategie von MillerKnoll und verstärkt das Engagement für Umweltverantwortung und nachhaltige Designpraktiken.

Positive
  • SBTi validation enhances corporate environmental credibility
  • Clear commitment to 100% renewable electricity by FY2030
  • Comprehensive emissions reduction strategy across all scopes
Negative
  • Significant capital investment likely needed to achieve targets
  • Long implementation timeline until FY2030
  • Only 38.3% current renewable electricity usage

ZEELAND, Mich., Feb. 27, 2025 /PRNewswire/ -- MillerKnoll, a collective of dynamic design brands, has received approval from the Science Based Targets initiative (SBTi) for its near-term science-based emissions reduction targets covering its global activities.

SBTi is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating climate change. They develop standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement.  

"Validating our near-term carbon reduction targets with SBTi is a critical milestone in staying at the forefront of our customers' expectations for climate action," said Gabe Wing, Vice President of Sustainability at MillerKnoll. "By aligning with the latest climate science and global standards, we're ensuring our efforts to enhance the sustainability of our products, spaces, and processes, are credible and impactful." 

MillerKnoll's near-term science-based targets as validated by SBTi: 

MillerKnoll commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2022 baseline year. MillerKnoll also commits to increase active annual sourcing of renewable electricity from 38.3% in FY2022 to 100% by FY2030. MillerKnoll further commits to reduce absolute scope 3 GHG emissions from purchased goods and services, waste generated in operations and end-of-life treatment of sold products 25% within the same timeframe. 

This achievement, which comes on the heels of MillerKnoll announcing its new sustainability strategy, builds upon the company's history of environmental stewardship and underscores its ongoing commitment to design for the good of humankind. 

For more information about MillerKnoll's commitment to sustainability, please visit millerknoll.com/environmental-social-impact/sustainability. 

About SBTi 

The SBTi defines and promotes best practice in science-based target setting and independently assesses companies' targets. The SBTi is incorporated as a charity, with a subsidiary which will host the target validation services. Their partners are CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). To learn more, visit www.sciencebasedtargets.org

About MillerKnoll

MillerKnoll is a collective of dynamic brands that comes together to design the world we live in. The MillerKnoll brand portfolio includes Herman Miller, Knoll, Colebrook Bosson Saunders, DatesWeiser, Design Within Reach, Edelman, Geiger, HAY, HOLLY HUNT, Knoll Textiles, Maharam, Muuto, NaughtOne, and Spinneybeck|FilzFelt. MillerKnoll is an unparalleled platform that redefines modern for the 21st century by building a more sustainable, equitable, and beautiful future for all.    

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/millerknoll-achieves-sbti-validation-for-near-term-carbon-reduction-targets-302387595.html

SOURCE MillerKnoll

FAQ

What are MillerKnoll's (MLKN) specific emission reduction targets for 2030?

MillerKnoll aims to reduce scope 1 and 2 GHG emissions by 50%, increase renewable electricity use to 100%, and cut scope 3 emissions by 25% by FY2030 from FY2022 baseline.

What is MLKN's current renewable electricity usage and target for 2030?

MillerKnoll currently sources 38.3% renewable electricity (FY2022) and targets 100% renewable electricity sourcing by FY2030.

How will MLKN reduce its scope 3 emissions by 2030?

MillerKnoll will reduce scope 3 emissions by 25% through improvements in purchased goods and services, waste management, and end-of-life treatment of products.

What environmental certification did MillerKnoll (MLKN) receive in February 2025?

MillerKnoll received Science Based Targets initiative (SBTi) validation for its near-term carbon reduction targets.

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