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Safilo Continues Its Sustainability Journey: The Near-Term Science-Based Targets Have Been Validated By the Science Based Targets Initiative (SBTi)

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(PRESS RELEASE) PADUA – Safilo Group is pleased to announce that its near-term science-based targets  have been validated by the Science Based Targets initiative (SBTi), a partnership between the CDP, the  United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature  (WWF), which promotes ambitious climate action in the private sector by enabling organizations to set  science-based emissions reduction targets.  

In March 2023, during the presentation of the Group’s Business Plan, Safilo also detailed the goals of its  sustainability strategy, including near-term science-based targets. The SBTi evaluated Safilo’s scope 1  and 2 target ambitions as in line with a trajectory of limiting global warming to 1.5°C above pre-industrial  levels. 

Safilo’s near-term science-based targets are to reduce scope 1 and 2 GHG absolute emissions by 70% by  2030 from a 2022 base year, and to reduce scope 3 GHG absolute emissions from purchased goods and  services and upstream transportation and distribution by 25% within the same timeframe.  

According to the Science Based Targets initiative, science-based targets provide a clearly defined pathway  for companies to reduce GHG emissions, helping to prevent the worst impacts of climate change and to  future-proof businesses. Targets are considered ‘science-based’ if they are in line with what the latest  climate science deems necessary to meet the goals of the Paris Agreement – limiting global warming to  1.5°C above pre-industrial levels.

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