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Kalmar, a Finnish provider of cargo handling equipment, announced that its climate targets have been officially approved by the Science Based Targets initiative (SBTi). In a June 27 press release, the company revealed that SBTi has validated its near-term goal to cut Scope 1 and 2 emissions by 90% by 2030 (from a 2023 baseline) and its long-term goal to reach net-zero across the value chain by 2045.
These ambitious targets align with limiting global warming to 1.5°C under the Paris Agreement. Kalmar’s CEO emphasized that the independent validation underscores Kalmar’s commitment to ‘real, science-based actions’ and leadership in sustainable industrial equipment. The approval process involved proving Kalmar’s emission cuts plan is grounded in the latest climate science.
With this milestone, Kalmar strengthens its roadmap to electrify and decarbonize its port cranes, heavy forklifts, and other machinery over the next two decades.
Image Credit:
Kalmar
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