Press release2021.06.30
Semcon accelerates its climate action agenda – commits to several initiatives and the 1.5 °C ambition
Semcon joins the Exponential Roadmap Initiative, the Science Based Targets initiative, the Race to Zero campaign and the UN Global Compact. These initiatives are all aligned with the ambition of the Paris Agreement to limit the global warming to 1.5 °C above pre-industrial levels.
By joining these initiatives, Semcon will further integrate practices that align with the 1.5 °C ambition into the company’s daily work. With more than 2,000 employees in seven countries supporting customers in various industries, this step will have an impact that extends far beyond Semcon’s own offices. In Semcon’s view, the greatest potential to support the 1.5 °C ambition lies in its services to customers.
"At Semcon we work with customers in a range of different industries that all need to undergo significant transformation to align with the 1.5 °C ambition. We intend to support them with best-in-class services and solutions in their journey towards net zero emissions. And just like our customers, we too need to ensure that our entire value chain is aligned with the 1.5 °C ambition." says Markus Granlund, CEO at Semcon.
Stronger together
The Exponential Roadmap Initiative brings together innovative, transformative and disruptive businesses that are committed to halving emissions by 2030 on the pathway towards reaching net zero. By joining the Exponential Roadmap Initiative, these businesses also participate in the United Nations’ Race to Zero, a global campaign to accelerate leadership and support from businesses, cities, regions, and investors for a healthy, resilient, zero carbon recovery.
”We need to join forces to drive the necessary transformation of our society to achieve the 1.5 °C ambition. A partnership with the Exponential Roadmap Initiative is an important tool for us to create a better understanding, both internally and externally, of the urgent need for exponential climate action. By joining the Exponential Roadmap Initiative, we commit to halving our value chain emissions by 2030 towards net zero, as well as to further integrate climate action into our business strategy, and to influence climate action in society in line with the ", says Heidi Östlund, Head of Sustainability at Semcon.
Commitments into actions
To ensure that promises are put into action, Semcon has joined the Science Based Target initiative. Semcon has committed to the Business Ambition for 1.5 °C, which is the highest ambition level and will now work to set science based emission reduction targets and a reduction roadmap in line with the 1.5°C ambition.
Climate action is just one part of Semcon’s sustainability agenda. Semcon has recently formalised its commitment to the UN Global Compact and will continue to further implement all ten principles of the UN Global Compact relating to the environment, human rights, labour rights and anti-corruption into its sustainability agenda and business strategy.
