Greene King has announced that it is to set greenhouse gas emission targets in line with the Science Based Targets initiative (SBTi) which will mean that its emission targets meet with those outlined in the Paris Agreement. The company has committed to become carbon net zero by 2040 and to reduce greenhouse gas absolute Scope 1, 2 and 3 emissions by 50% by 2030 from 2019 base year.
Scope 1 emissions are direct emissions generated by the company under direct operational control, Scope 2 emissions are indirect emissions generated from the purchase of electricity and used by the company and Scope 3 emissions are all other indirect emissions generated outside of the company’s control.
Nick Mackenzie, chief executive, says: “The climate crisis is the responsibility of every one of us and the greatest challenge of our time. I’m proud of the commitment we’re undertaking today, helping customers to make more environmentally friendly choices and reducing our own carbon footprint. By submitting our near-term target to SBTi for validation we are making the public commitment to take action. It matters to our customers, our communities and our employees.
“We are under no illusions this will be a monumental challenge. With full support from all of our stakeholders and in close cross-sector collaboration, we will rise to the challenge.”