January 2022 – Carbonsink renews and strengthens its commitment to the UNFCCC Climate Neutral Now initiative.
Carbonsink has measured its GHG inventory, defined a plan to reduce emissions and also offset indirect Scope 3 emissions; obtaining the result of Gold, Silver and Gold respectively in the three parameters considered by Climate Neutral Now (Measure, Reduce, Contribute).
In the first section “Measure” Carbonsink has obtained the highest recognition – Gold level – thanks to the calculation of the corporate carbon footprint through a robust inventory of greenhouse gas (GHG) emissions, verified by a third party, and including indirect emissions due to the company’s activity (Scope 3)
Carbonsink earned the Silver level in the “Reduce” section through the adoption of ambitious short- and long-term targets. With the ultimate goal of achieving “Net Zero” Carbonsink has set two intermediate short-term targets:
- 100% reduction of Scope 1 and 2 emissions by 2025
- 25% reduction in indirect Scope 3 emissions by 2030 compared to the 2020 baseline.
To achieve these targets Carbonsink has defined a climate mitigation strategy that includes internal practices, corporate policies, procedures and GHG emissions management activities.
The last Climate Neutral Now parameter “Contribute”, where Carbonsink has obtained the highest recognition – Gold level, refers to offsetting, i.e. efforts to reduce or remove its emissions using carbon credits generated by climate mitigation projects and certified according to internationally recognized standards.
Carbonsink has decided to offset its emissions by selecting renewable energy projects (wind, hydroelectric) and a project linked to sustainable mobility: two indispensable sectors, and central to supporting the decarbonization of the global economy. The selected projects, in addition to contributing to climate change mitigation, actively support local communities ensuring social, economic and environmental benefits on a global scale, in line with the United Nations Sustainable Development Goals.