Commercial, GHG Emissions - April 22, 2021
Thomson Reuters Beats Climate Change Targets
On Earth Day, April 22, 2021, Thomson Reuters, the news, legal and information service, announced it has reduced its annual greenhouse gas (GHG) emissions by 93% from 2018 baseline levels. The company is now ahead of its commitment to reduce annual GHG emissions by 50% by 2030. This early result comes from the investment in renewable power for the company's facilities through the purchase of RECs.
The annual emissions reductions of 94,175 metric tons of Scope 1 (direct operations) and Scope 2 (indirect operations related to energy and heat, etc.) are equivalent to removing 20,346 passenger vehicles from the road annually. In addition to the switch to renewable energy, Thomson Reuters is carbon neutral through the purchase of carbon offsets and has committed to achieving net zero emissions by 2050 or sooner.
In a statement, Steve Hasker, President and CEO of Thomson Reuters said, "Despite the pandemic, we've seen tremendous momentum in corporate action on climate change and our company is committed to doing its part. Reducing our GHG emissions is an important part of our ESG commitments. We are pleased to report that our decision to shift to renewable power has already reduced emissions significantly. Through our work across the entire supply chain, we are committed to doing more."
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