The world’s leading glassmaker for the beauty industry has joined the Science Based Targets initiative (SBTi) with the aim to reduce its Greenhouse Gas (GHG) emissions in line with the latest climate science by the end of 2022.
Verescence is the first glassmaker for luxury perfumery and cosmetics to commit in the fight against global warming with the Science Based Targets initiative, which already gathers more than 800 companies around the world.
The Science Based Targets initiative is a collaboration between the Carbon Disclosure Project (CDP), the World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC). It encourages companies to set targets for reducing Greenhouse Gas emissions based on scientific data, in order to meet the goals of the Paris Agreement – to limit global warming to well below 2°C above pre- industrial levels and pursue efforts to limit warming to 1.5°C.
After having set a first series of reduction targets for its CO2 emissions (Scope 1: Direct GHG & Scope 2: Energy Indirect GHG) for the 2016-2022 period, Verescence will therefore set new reduction targets aligned with the recommendations from the scientific community.
“We’ll define targets for reducing our Greenhouse Gas emissions - mainly CO2 - based on the latest scientific data. These targets will then be submitted to the SBTi for validation. This will allow us to complete and validate existing and future objectives with science," explained Alain Thorré, CSR Director of Verescence.