Germany: Aldi joins Science Based Target Initiative
Updated: Jul 31
Discount Retail Chain Aldi has joined the so-called Science Based Targets Initiative (SBTi). The Aldi press release says "we set binding and scientifically tested targets for reducing CO2 emissions over the next two years." These Science Based Targets (SBTs) are business goals that let companies stay within the 2°C rise.
Paris Climate Agreement
Through this international collaboration, Aldi involves its suppliers to set combined climate goals to support the Paris Climate Agreement. The cooperation with SBTi ensures that the accompanying measures also contribute to achieving the 1.5°C target from the Paris climate agreement. "For the first time, Aldi involved suppliers in working out the goals to jointly reduce or avoid emissions in the supply chain," said an Aldi spokesman.
Greenhouse gas emissions
With this step, Aldi is building on its climate protection policy from 2018, with which the discounter wants to reduce its own greenhouse gas emissions by 40% by 2021 compared to 2015.