As part of our ongoing commitment to create a sustainable future, VHB’s corporate greenhouse gas (GHG) emissions reduction targets have been approved by the Science Based Targets initiative (SBTi). Earlier this year, VHB reviewed and refined its GHG Inventory processes and submitted targets for validation by SBTi. Approval of our targets adds VHB to more than 8,800 companies with validated targets and reinforces our dedication to reducing GHG emissions and leading by example to address climate change.
The SBTi is a global body helping businesses set reduction targets in alignment with the latest climate science. A collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF), the initiative is focused on accelerating companies across the world to reduce emissions by half before 2030 and achieve net-zero emissions before 2050.
SBTi’s validation process entails a rigorous review over 30 days consisting of three stages—assessment, evaluation, and decision. VHB’s net-zero target is the most ambitious designation currently available through the SBTi process. The company’s scope 1 and 2 near-term target is in line with a 1.5°C trajectory, and its scope 1, 2, and 3 long-term targets are aligned with the SBTi’s 1.5°C mitigation pathways for reaching net-zero by 2050 or sooner.
“Our validated targets have undergone an extensive third-party review,” said Corporate Sustainability Director Andrew White. “This milestone—years in the making—reinforces our leadership in environmental responsibility and positions us to better serve clients who increasingly prioritize sustainability in their projects.”
As a Generational Company founded on stewardship, VHB is taking vital steps to help transition to a net-zero economy, including committing to the following targets:
Overall Net-Zero Target
VHB commits to reach net-zero GHG emissions across the value chain by 2050.
Near-Term Targets
- VHB commits to reduce absolute scope 1 and 2 GHG emissions 77% by 2034 from a 2023 base year.
- VHB also commits to reduce scope 3 GHG emissions 64% per million USD value added within the same timeframe.
Long-Term Targets
- VHB commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2023 base year.
- VHB also commits to reduce scope 3 GHG emissions 97% per million USD value added within the same timeframe.
“We are excited to contribute to the global movement for corporate decarbonization and a net-zero future,” said Andrew. “We have a lot of work to do but committing to science-based net-zero means that VHB is focused on reducing emissions as rapidly as possible throughout our operations and value chain.”
To meet our science-based net-zero target, VHB will continue integrating electric vehicles into our fleet, procuring renewable energy, and identifying initiatives to help us reduce emissions from Scope 3, with particular emphasis on our Purchased Goods and services.
To learn more about how VHB integrates sustainability throughout all our operations, markets, and services, visit our Corporate Sustainability page or connect with Andrew via email or LinkedIn.
