on ARKEMA (EPA:AKE)
Arkema Validates its Climate Targets with SBTi Services
Arkema, a chemical company, has obtained validation from SBTi Services for its climate objectives for 2035 and carbon neutrality in 2050. It is the first in the sector to receive this validation according to the SBTi standard specific to the chemical industry.
The group aims for a 90% reduction in greenhouse gas emissions by 2050 compared to 2019. Arkema will prioritize emissions reduction and will only use carbon neutralization for 10% of residual emissions.
By 2035, Arkema commits to reducing its scope 1 and 2 emissions by 58.07%, and its scope 3 emissions by 68.57%. An investment of €400 million is planned to support these initiatives.
This approach is part of an energy transition towards low carbon sources and the commitment of its suppliers to decarbonization.
R. P.
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