Greif, Inc. Validates Emissions Reduction Targets with SBTi
What happened
Greif, Inc. announced that its greenhouse gas emissions reduction targets have been validated by the Science Based Targets initiative (SBTi). Using fiscal 2024 as a baseline, the company set goals to reduce absolute Scope 1 and 2 emissions by 30% by fiscal 2030, and Scope 3 emissions by 17.5% by the same year. The company also committed to reducing all Scope 1, 2, and 3 emissions by 90% by fiscal 2050.
Why it matters
The targets establish a science-based pathway for Greif, Inc. to reduce emissions across its operations and value chain. The company stated that these commitments help customers advance their own sustainability goals and position Greif, Inc. as a partner in climate strategy.
Who's involved
- Greif, Inc.Global leader in performance packaging products and services that set the emissions targets
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The entities involved
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Greif, Inc.
Global industrial packaging products and services
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Delaware
city in Ohio, United States; county seat of Delaware County
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