Leonardo publishes sustainability targets

Leonardo has announced the setting of emission reduction targets, in line with its plan published earlier this year.

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The ‘near-term’ targets include “abating” 53 per cent of direct and indirect emissions, as well as engaging “58 per cent of suppliers by emission” to commit to their own decarbonisation target by 2028. Also in the plan is the halting of 52 per cent of CO2e emissions by 2030.

Speaking in a statement, a spokesperson for the company said: “Leonardo's CO2e emissions reduction targets mark a further step in the company's commitment to decarbonization and climate action. In particular, [climate change organisation] SBTi has classified Leonardo's Scope 1 and 2 target as being adequate to keep global warming within the 1.5°C threshold.

“The new targets aim to reduce Scope 3 upstream and downstream emissions by collaborating with suppliers, and abating Leonardo’s customers’ carbon footprint.”

The spokesperson continued by explaining that SBTi is an international climate-focussed organisation, with members including CDP [formerly the Carbon Disclosure Project], the UN Global Compact, the World Wide Fund for Nature and others. It “supports companies and financial institutions in setting science-based emission reduction targets in line with the Paris Agreement.”

CEO and GM of Leonardo, Roberto Cingolani, said: “The approval by the Science Based Targets initiative of our CO2e emission reduction targets is an important recognition of our climate strategy and of our commitment to environmental sustainability.

“We are continuing in this direction through the newly launched sustainability plan, integrated in the ‘24-‘28 Industrial Plan. This sets ambitious targets also involving our supply chain, with the aim of contributing concretely to the fight against climate change and leading our industry towards an increasingly sustainable business development.”