224 Swiss companies with CO2 reduction targets
Published: Saturday, Nov 16th 2024, 08:40
Updated At: Sunday, Nov 17th 2024, 00:59
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224 companies from Switzerland have joined the Science Based Targets Initiative (SBTi). In doing so, they are committing to CO2 reduction targets that are in line with the Paris Climate Agreement.
The majority of companies with SBTi targets are large listed corporations such as ABB, Givaudan, Holcim, Nestlé and Novartis, as well as a number of Swiss SMEs. Over 80 new companies have been added since the beginning of the year.
Only three companies have withdrawn so far: the cabling specialist Reichle & De-Massari (R&M), the wheel rim manufacturer Ronal and the industrial group Sulzer.
The SBTi is a globally active organization that is supported by business associations, environmental organizations and the UN. To date, over 10,000 companies worldwide have joined the initiative.
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