Climate group validates Glamox net zero plan

News Source: 

The LED lighting vendor’s plans for greenhouse gas reduction by 2030 and 2045 are solid, say London’s Science Based Targets Initiative.


CEO Astrid Simonsen Joos aims for net-zero company operations by 2030 and for net zero across the value chain by 2045.
Image courtesy of Glamox

In the don’t just take our word for it department, Norwegian LED lighting vendor Glamox AS said that a highly regarded environmental action and assessment group has validated its plans to reach net-zero carbon emissions.

London’s Science Based Targets Initiative (SBTi) has determined that Glamox’s methods for reducing greenhouse gas (GHG) emissions are solid on both a short-term and long-term basis, Glamox said in a press release.

Glamox aims to reach net zero emissions across both its own operations and its value chain by 2045.

Net zero is when the value of GHG that an entity emits, minus the amount it removes from the atmosphere, is zero. It is more ambitious than carbon neutrality, which permits offsetting measures such as purchasing carbon credits.

SBTi is a nonprofit, London-based group backed by five sustainability organizations.* It works with companies to measure the climate situation, devise improvement programs, and assess the results.

“SBTi has verified Glamox’s net-zero science-based target by 2045,” Oslo-based Glamox stated.

The assessment includes Glamox’s nearer-term plans of achieving net zero by 2030 in what’s known as Scope 1 and Scope 2 categories, as defined by the Greenhouse Gas Protocol.

GHG Protocol is a joint effort of the Washington, D.C.–based World Resources Institute and the Geneva, Switzerland–based World Business Council for Sustainable Development. In its widely used assessment methods for GHG reduction, Scope 1 pertains to direct energy use, such as fuel for fleet vehicles; Scope 2 to energy purchased, such as electricity or gas for office and factory operations; and Scope 3 to GHG emissions across a company’s value chain.

Glamox has committed to reducing Scope 1 and 2 GHG emissions 42%, and Scope 3 25%, by 2030 compared to 2022. It has committed to 90% reduction in all three categories by 2045.

“Glamox aims to have net-zero operations by 2030 and to reach net-zero greenhouse gas emissions across its value chain by 2045,” said CEO Astrid Simonsen Joos. “This includes taking steps to cut emissions and make better choices in our production. Another important step has been to set science-based targets and have them validated through the SBTi. I am proud that we have now reached this milestone, yet much remains to be done.”

Like other lighting industry vendors, Glamox’s efforts span a broad range, including materials, energy sources, transportation methods, and supplier and customer practices, among others.



*The five organizations that form SBTi are CDP (formerly the Carbon Disclosure Project), the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF).

 

TrendForce 2024 Global LED Lighting Market Analysis
Release Date: 01 February 2024 / 31 July 2024
Language: Traditional Chinese / English
Format: PDF and Excel
Page: 90-100 / Semi-Annual

If you would like to know more details , please contact:

Global Contact:
 
ShenZhen:
Grace Li
E-mail : Graceli@trendforce.com
Tel : +886-2-8978-6488 ext.916
  Perry Wang
E-mail : Perrywang@trendforce.cn
Tel : +86-755-82838931 ext.6800
Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Improved LED performance and the broadest color range provide even greater design flexibility DURHAM, NC – August 1, 2024 –– Cree LED, an SGH company (Nasdaq: SGH), announced today the launch of its higher performance XLamp&r... READ MORE

Automotive NC2W321G (Package size:3.5×3.2×0.75(㎜) Color:White) NC3W321G(Package size:3.5×4×0.75(㎜) Color:White) NC4W321G(Package size:3.5×5.1×0.75(㎜) Color:White) NC5W321G (P... READ MORE