Climate & Energy

Wood chips burn in a furnace of co-generation plant

Sibelco has set itself the target of reducing Scope 1-2 emissions intensity (tonnes CO2/revenue) by 5% per year from 2021 to 2030, cumulatively 37%.  This target is in line with best practices promoted by the Science Based Targets initiative (SBTi).

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Sibelco’s 5% per year scope 1-2 intensity reduction target is one of the toughest set to date by any business in the industrial minerals sector. Sibelco will invest approximately €90 million in new technologies and operational excellence initiatives between 2021 and 2030 to support its goal.

By setting this ambitious reduction target, Sibelco is demonstrating its commitment to the zero-carbon transition aligned with the Paris Agreement and its goal to limit global warming to well below 2°C compared to pre-industrial levels.

An additional target for scope 3 emissions will be confirmed in 2022 after further consultation with customers and suppliers.

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