December 16th of 2021
SCIENCE BASED TARGETS INITIATIVE VALIDATES NOS’ 2030 EMISSIONS REDUCTION TARGETS
The internationally recognized organization, Science Based Targets initiative (SBTi), has validated NOS’ greenhouse gas (GHG) emissions reduction targets for 2030. The new targets undertaken by NOS are in line with the emissions reduction trajectory required by climate science to limit global warming to 1.5º C, the core objective of the Paris Agreement, thus accelerating the transition towards a low carbon economy.
Thus, by 2030, NOS commits to:
- reducing scope 1 and 2 emissions by 90% (emissions related to its own business operations), compared to 2019
- reducing scope 3 emissions by 30% (emissions up and downstream in its value chain), also compared to 2019
“NOS commits to being an active participant in the digital and climate transition of Portuguese society. We have been consistently working to reduce our carbon footprint but also to develop new digital solutions that reduce the emissions of our customers. It is very gratifying for NOS to see its new targets validated by an internationally recognized organization”, says Miguel Almeida, CEO of NOS.
The SBTi is a partnership between CDP – Disclosure Insight Action, the United Nations Global Compact (UNGC), the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi defines and promotes best practices in science-based target setting and independently assesses companies’ targets in line with the latest climate science to reduce emissions.