Tuesday 25 May 2021

Allen & Overy commits to halving carbon emissions by 2030

Global law firm Allen & Overy (A&O) has committed to halving its carbon emissions by 2030 from 2019 levels.

It has set targets that have been approved by the Science-Based Targets initiative (SBTi) to achieve this goal.

These targets will impact its direct emissions, as well as its indirect emissions from its supply chain and the goods it purchases.

For the past three years, the firm has offset all its residual Scope 1 and 2 emissions, as well as the emissions from its Scope 3 global air travel since 2016.

Gareth Price, Global Managing Partner, commented: “This commitment to clear and measurable targets for reducing our greenhouse gas emissions is a positive step in tackling climate change.

“The transition to a zero-carbon economy is underway and accelerating globally but the latest climate science tells us that more needs to be done and faster.

“By committing to the targets agreed with the SBTi we now have a clearly defined pathway for how much and how quickly we need to reduce our emissions in order to be consistent with keeping global warming below its most dangerous levels.”