Applus+ joins the Science Based Targets initiative on the road to zero emissions

Together with SBTi, Applus+ will develop ambitious practices to reduce emissions throughout our value chain and assist in limiting global warming to 1.5ºC above pre-industrial revolution levels. The Spanish newspaper Expansión has reported on the Applus+ Group’s adherence to this international initiative, detailing the importance of companies mobilising to reduce emissions.

Applus+ has defined short-term objectives to reduce Scope 1 and 2 emissions by 30% in 2024 compared to the base year of 2019, and the Group has committed to an ultimate goal of zero emissions by 2050. A net-zero emissions company is one that achieves a state in which the activities within its value-chain result in no net impact on the climate from greenhouse gas emissions. and neutralises those residual emissions that it cannot eliminate.

SBTi standards follow rigorous scientific criteria that ensure that the positive impact on the environment is real. The standards were defined after extensive, transparent and inclusive research involving academia, scientists and experts from various countries, civil society and the business sector.

This commitment places Applus+ at the forefront of sustainability by joining various international organisations and initiatives allied to SBTi: the United Nations’ Global Compact, the CDP, the World Resources Institute (WRI), and the World Wildlife Fund (WWF).

By committing to emissions reduction, Applus+ is also part of the "Race to Zero" campaign, which brings together non-state entities from 120 countries to completely eliminate emissions by 2050, the largest alliance in history in pursuit of this goal.

At Applus+, we continue to integrate sustainability into our business strategy. We have strengthened our ESG commitment in a decisive way, setting specific targets worldwide linked to the variable remuneration of our executives. The success of our initiatives is reflected in various external recognitions, as well as in our membership of specialised organisations.

To find out more, go to Integrated Report (ESG) 2020.