Brief: DSM Sets New Climate Targets To Accelerate Route To Net-Zero

Koninklijke DSM NV

02/08/2022 06:05

Aug 2 (Reuters) - Koninklijke DSM NV  DSMN.AS :
    * SETS NEW CLIMATE TARGETS TO ACCELERATE ROUTE TO NET-ZERO
    * NEW 100% RENEWABLE ELECTRICITY AMBITION IS A SIGNIFICANT
UPWARD
REVISION FROM 75% TARGET SET IN 2019
    * INITIAL TARGET OF REDUCING SCOPE 1 AND 2 EMISSIONS BY 30%
VERSUS
2016 LEVELS BY 2030 WAS INCREASED TO 50% IN 2021. NOW DSM IS
REVISING THIS TARGET UPWARDS AGAIN TO 59%
    * WILL ALSO MOVE FROM A RELATIVE INTENSITY TARGET FOR ITS
INDIRECT
VALUE CHAIN GHG EMISSIONS (TARGETING A REDUCTION OF 28% PER TON
OF PRODUCT PRODUCED BY 2030), TO AN ABSOLUTE REDUCTION TARGET
    * EXACT TARGET IS BEING FINALIZED AND WILL BE PROPOSED FOR
VALIDATION WITH SBTI NEXT YEAR

Source text for Eikon:  ID:nPredWtMka 
Further company coverage:  DSMN.AS 

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