Energy Efficiency, GHG Emissions, Sourcing Renewables - June 8, 2022
Brambles Commits to Net Zero by 2040
Brambles, CHEP’s parent company, announced its commitment to achieving net zero GHG emissions by 2040, bringing its deadline forward by 10 years.
The company’s commitments are built on a decarbonization roadmap, with two main milestones:
- 2030 mid-term reduction targets recently approved by the Science Based Target Initiative (SBTi), which include a 42% reduction in Scope 1 and 2 GHG emissions on 2020 levels and a 17% reduction in absolute Scope 3 GHG emissions on 2020 levels.
- A 2040 long-term net zero GHG emissions target by 2040, which has been set to complement the medium-term science-based targets.
Brambles created a dedicated decarbonization function integrated within the supply chain organization. Working with internal and external stakeholders across multifunctional initiatives, the team has created an actionable roadmap with targets to ensure this corporate, strategic vision becomes a reality across five continents and 60 countries.
Brambles will focus on three main development areas to achieve the net zero target: operations (directly owned and subcontracted), logistics and direct procurement by working on these goals:
- Using renewable electricity to power Brambles’ own and subcontracted sites;
- Enabling the deployment of alternative fuels and zero emissions transport technologies (electric, hydrogen);
- Supporting a supplier engagement program for vendors with carbon accounting and target-setting;
- Reducing the volume of waste and diverting it from landfill; and
- Exploring carbon insetting opportunities, including natural and technical solutions.
“Adopting science-based targets and bringing the net-zero deadline forward by ten years accelerates our mission to build a regenerative supply chain,” said Juan José Freijo, Brambles’ Chief Sustainability Officer, in a statement. “By delivering on our net-zero ambition and beyond, we will continue to be a sustainability global leader building the supply chains the world needs for the future.”