Energy Efficiency, GHG Emissions - December 3, 2021
Vontier Commits to 45% GHG Emission Reduction
Vontier Corporation, an industrial technology company, announced its commitment to reduce Scope 1 and 2 GHG emissions 45% by 2030 from a 2020 base year. The company’s goal is to achieve net zero by 2050 in support of the Paris Climate Agreement.
Vontier is aligning its goals with climate science and the methodology defined by the Science Based Target initiative (SBTi) to reduce GHG emissions at the pace and scale that is consistent with keeping warming below 1.5°C.
The company will use the Vontier business system to implement, monitor, and track emissions reductions towards its targets. GHG reductions are expected from energy efficiency across the enterprise as well as the deployment of renewable energy to further decarbonize the business.
“As an industry leader, we are mobilizing the future to create a better world,” said CEO Mark Morelli in a statement. “We have a responsibility to use resources sustainably to serve our customers and communities worldwide. Our targets show we take this responsibility seriously and want to play our part in solving difficult global challenges.”
Vontier plans to add a Scope 3 reduction target in 2022 when the Scope 3 inventory is completed and will then submit its targets to the SBTi for independent validation.
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