Science-Based Targets Initiative: Fedrigoni’s sustainable actions and SBTi approval

Science-Based Targets Initiative: Fedrigoni’s sustainable actions and SBTi approval

Fedrigoni has taken a significant step in its sustainability journey with the official approval of its climate action targets by the Science-Based Targets Initiative (SBTi). This recognition reaffirms the company’s dedication to sustainable actions, aligning its business with global scientific consensus to combat climate change.

By setting science-based targets, Fedrigoni ensures its emissions reduction strategy follows the latest climate science, contributing to the broader efforts of SBTi companies taking action against global warming.

What is the Science-Based Targets initiative (SBTi)?

The Science-Based Targets Initiative (SBTi) is a collaboration between the UN Global Compact, the World Resources Institute (WRI), the Carbon Disclosure Project (CDP), and WWF. It provides companies with a clear framework to align their climate goals with the targets set by the Paris Agreement, which aims to limit global temperature rise to well below 2°C, preferably 1.5°C above pre-industrial levels.

With more than 3,300 companies worldwide committed to science-based targets, SBTi helps businesses establish measurable, science-backed emission reduction goals to minimize their environmental impact and transition toward a sustainable future.

SBTi companies taking action: Fedrigoni’s approved climate targets

Fedrigoni has set ambitious science-based targets to significantly cut its greenhouse gas (GHG) emissions, both in the near and long term. The company’s SBTi-approved targets focus on reducing emissions across Scope 1, 2, and 3, covering direct operations as well as supply chain impact.

Near-Term Targets: Reducing Emissions by 2030

By 2030, Fedrigoni commits to:

• Reducing absolute Scope 1 and 2 GHG emissions by 47.1% (compared to 2019 levels).
• Cutting Scope 3 GHG emissions by 27.5%, focusing on purchased goods, fuel-related activities, and end-of-life product treatment.

These near-term goals reflect Fedrigoni’s commitment to sustainable actions, ensuring a measurable reduction in its carbon footprint over the next decade.

Long-Term commitment: net-zero emissions by 2050

Looking beyond 2030, Fedrigoni has set a bold long-term target to achieve:

• A 90% absolute reduction in Scope 1, 2, and 3 GHG emissions by 2050 (from 2019 levels).

This net-zero ambition aligns with global climate objectives, ensuring Fedrigoni contributes to a low-carbon economy and reinforces its leadership among SBTi companies taking action against climate change.

Addressing the climate crisis through sustainable actions

The urgency of reducing emissions is underscored by reports from the Intergovernmental Panel on Climate Change (IPCC), which highlight the increasing threats posed by extreme weather events, rising sea levels, and ecosystem degradation.

For Fedrigoni, setting science-based targets is a crucial step in mitigating these risks. By taking proactive measures, the company strengthens its regulatory compliance, investor confidence, and industry leadership in sustainability. Through continuous innovation and strategic carbon reduction efforts, Fedrigoni is ensuring that its business aligns with global climate priorities.

Looking ahead: Fedrigoni’s commitment to SBTi and future goals

While the SBTi approval marks an important milestone, Fedrigoni’s sustainability efforts do not stop here. The company remains committed to further refining its sustainability strategy, improving energy efficiency, and driving supply chain transformation to support long-term environmental goals.

As Fedrigoni continues implementing its SBTi-approved targets, it will enhance corporate sustainability initiatives, ensuring measurable progress toward net-zero emissions. Stay

Stay tuned for future updates as the company takes further steps in shaping a more sustainable business model.