Friday 28 August 2020

Siemens Gamesa’s climate goals verified by Science Based Targets initiative

Siemens Gamesa’s climate goals verified by Science Based Targets initiative

The Science Based Targets initiative (SBTi) has verified the emissions reduction strategy of Siemens Gamesa, confirming it is aligned with what climate science says is required to meet the 1.5°C trajectory.

The company initially committed to the SBTi in September 2018, becoming the first renewable energy manufacturer to do so.

Siemens Gamesa has set targets for the next five years towards its 2050 net zero goal, which includes reducing its scope 1 and scope 2 greenhouse gas emissions by 70% per MW installed compared to 2017 and increasing renewable power sourcing annually to 100%.

It also intends to ensure 30% of its suppliers covering purchased goods and services and transportation and distribution have set science-based targets by 2025.

The company currently runs entirely on green electricity in Spain, Denmark, Germany and the UK and is looking to supply renewable power in the remaining countries it operates in.

Gregorio Acero, Global Head of Quality Management & Health, Safety and Environment at Siemens Gamesa said: “With the transition to a low carbon economy accelerating globally, setting emission reduction targets in line with climate science is the right way to future-proof the growth of our business. The verification of our targets by the SBTi confirms that we are on the right track towards our long term goal of net zero emissions by 2050.

“However, urgency is needed and therefore, we have chosen to focus on short term targets, to spur action now. I am confident that we will achieve these targets by engaging with suppliers and applying our own ingenuity and engineering capabilities.”

Siemens Gamesa adds it is working on finding solutions for industry issues such as the decommissioning of wind turbines and the recycling of components with its suppliers, customers, competitors, industry associations and research institutions.

Alberto Carillo Pineda, Director of Science Based Targets at CDP, one of the SBTi partners said: “We congratulate Siemens Gamesa for setting emission reduction targets consistent with limiting warming to 1.5°C, the most ambitious goal of the Paris Agreement.

“As a leader in their sector, Siemens Gamesa’s actions will raise the bar for ambition in the industry and help their customers reduce their own emissions.”

Written by

Bruna Pinhoni

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