Science Based Targets initiative, Navigant and the Gold Standard
Climate Impact & Sustainability Data (2018)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Climate Change
Environmental Achievements
- Danone reduced farm-level emissions by 15% by 2025 (target)
- Tennant helped customers avoid more than 75,000 metric tons of CO2e through ec-H2O™ technology
- IKEA aims to reduce value chain GHG emissions by at least 15% from 2016 to 2030
Climate Goals & Targets
Medium-term Goals:
- Danone aims to reduce farm-level emissions by 15% by 2025
- HPE aims to reduce manufacturing-related GHG emissions by 15% by 2025
- IKEA aims to reduce value chain GHG emissions by at least 15% from 2016 to 2030
- Tennant aims to reduce emissions from use of sold products by 50% per USD of equipment revenue by 2030
Environmental Challenges
- Difficulty collecting high-quality data on scope 3 emissions
- Determining responsibility for reducing scope 3 emissions across multiple companies
- Accounting for emissions reductions from changes in farm practices in line with Greenhouse Gas Protocol standards
Mitigation Strategies
- Development of a new Accounting Framework by the Gold Standard to enable inclusion of value chain activities in reporting towards targets
- Use of proxy assessments and representative farms to estimate emissions from global suppliers (Danone)
- Collaboration with suppliers to reduce emissions (HPE)
Supply Chain Management
Responsible Procurement
- HPE's commitment that by 2025, 80% of its manufacturing spend will go to suppliers with science-based targets
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GHG Protocol
Sustainable Products & Innovation
- Tennant's ec-H2O™ technology
- IKEA's plant-based food options