DS Smith seeks SBTi Approval for Accelerated Emissions Reduction Targets - Papermart
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DS Smith seeks SBTi Approval for Accelerated Emissions Reduction Targets

The packaging company has already committed to reaching Net Zero carbon emissions by 2050 and is a member of the UN’s Race to Zero initiative.

January 29, 2022

DS Smith

DS Smith has announced its plans to reduce its greenhouse gas (GHG) emissions by 46 percent by 2030 in a bid to be approved by the Science Based Targets initiative (SBTi) as being in line with the 1.5°C targets set at COP21.

The sustainable packaging provider asserts that it will accelerate the reduction of carbon emissions across its operations besides that of its partners and suppliers, based on the 46 percent reduction figure with a comparison to the company’s 2019 statistics.

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The strategies adopted by DS Smith in terms of investment include – investment in solutions like biomethane boiler technology and renewable energy sources. By 2027, it will also encourage all of its strategic suppliers to adopt science-based targets. More detailed plans will be released by DS smith this summer.

Miles Roberts, Group Chief Executive at DS Smith, comments, “This commitment not only ensures our business is leading the way in reducing our carbon footprint but also guarantees we are challenging our suppliers and partners to do the same.”

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UK-based DS Smith has already committed to reaching Net Zero carbon emissions by 2050 and is a member of the UN’s Race to Zero initiative. Between the years 2015-2022, the company claims to have achieved a 23 percent reduction in CO2 emissions per tonne of production.