The Science Based Targets Initiative (SBTi) is an international initiative that promotes, reviews and certifies the setting of science based GHG emission reduction targets for companies in order to achieve the Paris Agreement goal of limiting the increase in global average temperature to less than 2 degrees Celsius above pre-industrial levels.
The AGC Group announced its GHG emissions reduction target by 2030 in its long-term management strategy Vision 2030 formulated in 2021. Furthermore in 2022, the Group announced a 30 percent reduction (versus 2019) by 2030 as its Scope 3 GHG emissions reduction target in the value chain. These goals were certified as science based goals to limit the global average temperature increase from pre-industrial times to well below 2 degrees Celsius, and were thus certified as “WB2°C”.
The AGC Group will realize its Vision 2030 through portfolio transformation and the pursuit of sustainability management and contribute to the realization of a sustainable global environment through the creation of social and economic value.