Sofidel Commits to Net Zero by 2050 - Papermart
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Sofidel Commits to Net Zero by 2050

Sofidel is committing to reach Net Zero by 2050 together with SBTi. The Group’s aim by 2030 is, a further 40% reduction in scope 1 and scope 2 CO2 emissions compared to the 2018 base year, and a 24% reduction in scope 3 emissions.

Jan 15, 2024

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Sofidel, one of the leading manufacturers of paper for hygienic and domestic use worldwide, best known for its Regina brand, is intensifying its ecological transition policies and – after the achievements of the WWF Climate Savers program and the endorsement of decarbonization targets to 2030 by Science Based Targets initiative (SBTi) – is committing to Net Zero by 2050. Sofidel will undertake this journey together with Science Based Targets initiative (SBTi) – the partnership between the Carbon Disclosure Project (CDP), the United Nations Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) – that promotes sustainability best practices and helps companies to pursue greenhouse gas reduction goals in line with science. From 2009 to 2020, Sofidel reduced direct CO₂ emissions (carbon intensity) into the atmosphere by 24%.

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The Group’s aim by 2030 is a further 40% reduction in scope 1 and scope 2 CO2 emissions compared to the 2018 base year, and a 24% reduction in scope 3 emissions. This goal was also approved by SBTi.

The strategy to achieve a highly challenging and time-consuming goal is based on a multifaceted plan, which looks not only at the industrial activities directly managed by Sofidel but also at the involvement of stakeholders throughout the supply chain, as well as relying on the gradual maturation of technological options that to date are unaffordable.

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Mr. Riccardo Balducci, Group Sustainability Director at Sofidel, said, “Sofidel is still accelerating its decarbonization journey. Net Zero is a commitment to our Planet, a fundamental goal for a company like ours engaged in a highly energy-intensive industry. It is not an easy challenge, but it is a necessary one, following on from and consistent with the huge amount of work we have already done.”