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Sphera's Near-Term Science-Based Emissions Reduction Target Receives SBTi ValidationSBTi validation underscores Sphera's commitment to global decarbonization and minimizing its own environmental impact CHICAGO, April 29, 2024 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, has received validation of its Scope 1 and 2 greenhouse gas emissions (GHG) reduction target from the Science Based Targets initiative (SBTi), in line with a 1.5°C trajectory. Sphera is committed to global decarbonization and minimizing its own environmental impact. The target applies to Sphera's direct operations, with a commitment to reduce its absolute scope 1 and 2 GHG emissions by 60.5% by 2030 using 2019 as the base year. In 2019, Sphera's GHG footprint equaled 8,582 tons of carbon dioxide equivalent. As outlined in Sphera's most recent ESG Report, total GHG emissions have already been reduced by 19%. "In order to be successful in today's business environment, organizations must be action-oriented in developing and improving the sustainability of their operations and services," said Sphera's CEO and President Paul Marushka. "As such, we are not only committed to supporting our customers in achieving heir emissions reduction targets but also to minimizing our own carbon footprint. We are proud of the SBTi approval of our near-term, science-based emissions reduction target, and it demonstrates Sphera's ongoing dedication to creating a safer, more sustainable and productive world." As part of today's announcement and Sphera's dedication to global decarbonization, the firm also commits:
This validation from the SBTi is a crucial step in the transition to a zero-carbon economy. As part of the firm's ongoing commitment to sustainability, Sphera reports its emissions in line with requirements outlined by the Greenhouse Gas (GHG) Protocol. Additionally, Sphera reports in reference to the standards of the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) and the U.N. Global Compact (UNGC) and its Sustainable Development Goals (SDGs). ### About Sphera About SBTi For media inquiries, please contact: View original content to download multimedia:https://www.prnewswire.com/news-releases/spheras-near-term-science-based-emissions-reduction-target-receives-sbti-validation-302129153.html SOURCE Sphera |