SBTi validates Wallenius Wilhelmsen’s net-zero targets

Wallenius Wilhelmsen has announced that the Science Based Targets initiative has validated its near-term and net-zero targets.

SBTi validates Wallenius Wilhelmsen’s net-zero targets

Wallenius Wilhelmsen reported that its near-term and net-zero science-based greenhouse gas emission reduction targets have been validated by the Science Based Targets initiative (SBTi) and classified as in line with a 1.5°C trajectory.

“Having our near-term and net-zero targets validated makes Wallenius Wilhelmsen one of the very few companies in our industry that has committed to and received validation of near-term and net-zero 2040 target aligned with 1.5°C degree trajectory,” Wallenius Wilhelmsen commented.

“We understand that action must be taken immediately while there is still time to limit global warming to 1.5°C degrees. The latest research from the Intergovernmental Panel on Climate Change (IPCC) shows that it is still possible.”

This same week, Wallenius Wilhelmsen announced a strategic step to expand its logistics services by taking over the terminal operations in Gothenburg, Sweden.