13 Jan 2022 --- Mondi is targeting net-zero emissions by 2050, in line with the UN’s Science-Based Targets initiative (SBTi). The paper and packaging giant says it has waited to announce the plan to develop a credible and detailed plan to back up the net-zero pledge, which many companies are rushing to declare. The company’s plan commits to reducing greenhouse gas (GHG) emissions across all Scopes (1, 2 and 3) as defined by the UN. Scope 1 involves direct emissions from owned or controlled sources. Scope 2 covers indirect emissions from the generation of purchased electricity, steam, heating and cooling consumed by the reporting company. Scope 3 includes all other indirect emissions in a company’s value chain.
