Greif emissions reduction targets win SBTi validation, with 30% Scope 1-2 cut by 2030
GEF•Greif’s emissions targets won Science Based Targets initiative validation, including a 30% cut in absolute Scope 1 and 2 emissions and a 17.5% cut in Scope 3 emissions by fiscal 2030, from a fiscal 2024 baseline.
1. Validated emissions targets
Greif’s targets call for a 30% reduction in absolute Scope 1 and 2 emissions and a 17.5% reduction in absolute Scope 3 emissions by fiscal 2030, using fiscal 2024 as the baseline. Its long-term goal is to reduce absolute Scope 1, 2 and 3 emissions by 90% by fiscal 2050; a decarbonization plan is in development, with completion expected by the end of fiscal second quarter.
