Kalmar Sets Emission Reduction Targets for Sustainability

100

  • Kalmar Sets Ambitious Emission Reduction Goals for 2030 and Beyond.
  • Four Strategies Kalmar is Using to Reach Its Climate Goals by 2045.
  • Kalmar Aims for a 90% Reduction in Direct Emissions by 2030.

Kalmar reports that it has close and long-term objectives related to the reduction of its emissions as part of its commitment to sustainability and moving on to be a leader in environmentally friendly material handling. Kalmar has reduced at least 90 per cent from scope 1 and 2 and scope 3 by 40 per cent based on the baseline year of 2023 by the target year of 2030. NET ZERO. The ambition is to reach all scopes of net zero by 2045. This is in alignment to limit warming to 1.5°C.

Science-Based Targets Initiative Commitment

The Science Based Targets initiative (SBTi) is examining the company’s targets. It gives companies a clear way to reduce their emissions in line with the Paris Agreement. Over 6,000 organizations around the world are working with SBTi to set science-based emission targets, and Kalmar commits to contributing to climate goals.

Understanding  Emissions

  1. Scope 1: Direct emissions from sources owned or controlled by Kalmar, such as fuel for company vehicles.
  2. Scope 2: Indirect emissions from purchased electricity, steam, heat, and cooling.
  3. Scope 3: Emissions across the entire value chain, including those from purchased goods, services, and downstream product use.

Four Key Strategies to Meet Climate Goals

  1. Sustainable Innovations: Kalmar will continue to invest in low and zero-emission products, a key focus since product use constitutes the largest portion of its value-chain emissions.
  2. Customer Collaboration: Kalmar will partner closely with customers to develop tailored solutions to their sustainability needs.
  3. Supplier Partnerships: Kalmar will work with suppliers to source innovative materials and components that reduce product-related emissions.
  4. Operational Reductions: The company aims for a 90% reduction in emissions within its operations.

Leadership Statement

Sami Niiranen, President and CEO, Kalmar: “Our commitment to setting emission reduction targets in line with the Science Based Targets initiative is a concrete step toward achieving our vision. By aligning with the latest climate science, we ensure that we are driving the transformation towards sustainable material handling in our industry while laying the foundation for sustainable and profitable growth of our business.”

Did you subscribe to our daily Newsletter?

It’s Free Click here to Subscribe!

Source: Kalmar