Sun Chemical and parent company DIC Corporation have received validation for their gas emissions targets from the Science Based Targets initiative (SBTi) - a group accused of providing a ‘platform for greenwashing.’
“The greenhouse gas emissions reduction targets of Sun Chemical and its parent company, DIC Corporation, have been validated by the Science Based Targets initiative (SBTi) as being consistent with levels that climate science says are necessary to limit average global warming to well below two degrees Celsius above pre-industrial levels,” Sun Chemical said in a statement.
“To be validated by the SBTi is a major accomplishment, especially for an organization the size and complexity of Sun Chemical and the entire DIC Group,” said Mike Simoni, global sustainability director, Sun Chemical. “It shows our entire organization’s commitment to lead the industry charge toward sustainability.”
“Recognizing climate change as a critical social imperative, Sun Chemical and the entire DIC Group, has a goal of achieving carbon neutrality by working to lower total Scope 1, 2 and 3 greenhouse gas emissions by 27.5 percent taking 2019 as baseline,” the company said.
“Additionally, Sun Chemical and the DIC Group are working to curtail greenhouse gas emissions by 13.5 percent by 2030 by advancing the use of recycled and biomass raw materials, assisting customers to improve recycling rates, decreasing the disposal of used products, and enhancing the efficiency of material recycling employing proprietary technologies. The targets also include an acceleration of supplier sustainability engagement for 80 percent of procurement spending by 2027.”
Dr. Nikola Juhasz, global technical director of sustainability, Sun Chemical: “Sun Chemical, as part of the DIC Group, have demonstrated our deep commitment to sustainability over many years, and achieving the Science Based Targets Initiative endorsement is an important next step in that journey. Our plans include focus on exciting product and service innovations to enable circularity and that will have cascading environmental benefits throughout our value chains.”
Nicolas Bétin, global sustainability business Leader, Sun Chemical, added: “This endorsement from SBTi is recognizing our commitment to greenhouse gas emissions reduction and circularity and will further support our customers’ efforts to meet their own sustainability targets.
“Energy-Saving Promotion Committees have been established at all locations. These committees verify the progress of initiatives, engage in discussions and conduct energy-saving measures. Some of these key CO2 emissions reduction efforts include:
- Energy-saving initiatives, including site assessments and five- to 10-year plans for investment
- Digital control systems to maximize energy management for production and utility equipment
- Net zero-energy buildings by investing in energy-efficient equipment, such as cogeneration systems, LED lighting, insulation, etc.
- Renewable infrastructure investments, such as biomass boilers or wind and solar power
- Purposeful energy-efficient options for new facility construction or building expansions.”
To learn more about Sun Chemical’s approach to sustainability or to download its latest Sustainability Report, visit www.sunchemical.com/sustainability
Germany’s New Climate Institute has accused the Science Based Targets initiative (SBTi) of providing a ‘platform for greenwashing’ and being funded by the same companies it validates.
The ACCC is currently investigating more than 100 Australian companies for potential ‘greenwashing’ after an internet sweep found more than half of the businesses reviewed had made ‘concerning claims’ about their environmental or sustainability practices.