FLSmidth said it wanted to align SBTi's targets with its MissionZero programme, which aims to provide zero-emission technology to the mining and cement industry by 2030.
According to the Science-Based Targets pledge, by 2030 FLSmidth will be carbon-neutral in its own operations, have 30% of its spend with suppliers with similar decarbonisation targets and cut customer-associated emissions per revenue by 56%, or 7% year on year.
The SBTi Targets cover a company's emissions throughout the value chain and onto its customers. The SBTi is lead partner of the ‘Business Ambition for 1.5°C campaign', a coalition of UN agencies and industry leaders.
The group believes that global warming must not exceed 1.5°C above pre-industrial temperatures to avoid the catastrophic impacts of climate change. To achieve this, greenhouse gas (GHG) emissions must halve by 2030 - and drop to net zero by 2050.
"I truly believe that the global climate challenge more than anything will find it's solution in technology, and as a technology leader FLSmidth is uniquely placed to address this," said FLSmidth CEO Thomas Schulz.
"The MissionZero goals aim at providing the sustainable solutions on the shelves of the FLSmidth shop by 2030 at the latest, whereas the 56% reduction ensures that these solutions actually get to the market and drive a green transition there.
