The SBTi drives climate action in the private sector by working with companies to set science-based greenhouse gas emissions reduction targets. Its ambition is to lead the way to a zero-carbon economy, boost innovation and encourage sustainable growth.
For Alleima, sustainability is an integral part of its operations. According to Göran Björkman, president and CEO of Alleima: “It is important for us that an external partner can confirm our ambitious goals and we want to highlight the importance of sustainability across our operations.”
Science-based targets for a sustainable future
Science-based targets are intended to show organisations how much and how quickly they need to reduce their greenhouse gas emissions to prevent the worst effects of climate change. Alleima has committed to set the science-based net-zero targets, consistent with the Paris Agreement. In 2015, the Paris Agreement bound world governments to commit to inhibiting global temperature rise to below 2°C above pre-industrial levels and limit warming to 1.5°C. Furthermore, the Intergovernmental Panel on Climate Change warned that global warming must not exceed 1.5°C to avoid the catastrophic environment impacts.
To achieve this, SBTi states that greenhouse gas emissions must halve by 2030 and drop to net-zero by 2050. This means that time is of the essence, and the private sector has an important role to play. Organisations with science-based targets have demonstrated that they are leading the way by significantly cutting emissions.
Alleima’s current climate and circularity targets include reaching net-zero by 2050 at the latest, reducing Scope 1 and 2 CO2 emissions by more than 50% by 2030, and 83% recycled steel in finished products by 2030 (compared to 2019).
“Sustainability is an integral part of our strategy, it is part of our DNA, and of crucial importance for the society around us as well as for our customers. Our advanced materials are produced with a low carbon footprint and enable our customers to be more sustainable. The Science Based Targets initiative (SBTi) will add credibility, clarify our ambition for our customers, and enable us to actively work with our supply chain to address their carbon footprint”, Björkman explains.
Alleima is already a signatory to several international principles and initiatives, including the United Nations global goals for sustainable development and the United Nations Global Compact. Setting goals and making progress transparent to partners and customers is an important part of the strategy, .
Driving climate action with SBTi
Companies that wish to commit to taking action must submit a letter to SBTi establishing their intention to set a science-based target. From there, they will develop an emissions reduction target in line with the SBTi’s criteria before submitting these targets to SBTi for official validation. Targets are then announced to inform stakeholders, and progress against targets is to be published on an annual basis.
In its partnerships with SBTi, Alleima will develop a target proposal that will undergo a technical validation before they can be publicly launched. SBTI allows a maximum period 24 months between commitment and approved targets.
To find out more about the innovations that Alleima is making to improve sustainability in medical device manufacturing, visit their website