Glaston has committed to set near-term, company-wide, emissions reductions in line with climate science with the Science Based Targets initiative. The targets have been submitted to the SBT climate organization for validation. The commitment includes decreasing the direct scope 1 and 2, and especially indirect scope 3 emissions by 2032.
Glaston's goals
Glaston has committed to reducing absolute scope 1 and 2 greenhouse gas emissions by 50% by 2032, compared to the 2022 base year. The target is in line with limiting global warming to 34.7 degrees Fahrenheit. Glaston also committed to reducing the scope 3 GHG emission intensity by 58% per square meter of sold glass processing capacity within the same target period. Next, the target will be evaluated by the SBTi, and Glaston estimates that the final, validated target will be published during the second half of 2024.
What Glaston says
“Promoting sustainable development is an integral part of our business strategy as our technologies enable more energy-efficient and safe glass products. Reducing our carbon footprint is one way to demonstrate our commitment to sustainability, and frontrunner position. In 2022, we achieved our first emissions reduction target when we reduced CO2 emissions from our own operations by over 50% in relation to net sales compared to the 2020 level. That was only the first small step in this work as the biggest emissions driver for us is the value chain and especially the lifetime electricity consumption of the equipment we have delivered to our customers. We therefore needed to raise the bar and have now worked on our new emissions reduction targets in line with the SBTi’s criteria,” says Päivi Lindqvist, Glaston’s CFO and sponsor of strategic cornerstone project for sustainable business.
