DSM releases new emission reduction targets

Sinochem News recently, the Royal Dutch DSM Group announced that the company plans to reduce greenhouse gas emissions from operations to 50% of 2016 emissions by the end of 2030, further accelerating the realization on the basis of the original target of 30% Carbon reduction
.

According to DSM, DSM is one of the first companies to plan corporate activities based on the latest scientific information in the “Special Report on Global Warming of 1.
5°C” issued by the Intergovernmental Panel on Climate Change (IPCC) in 2019.
Develop a course of action, aiming to achieve net zero greenhouse gas emissions in the company's operations and its value chain by the end of 2050
.
DSM’s scientific carbon goal is the basis for achieving this goal, and the ambitious goals in renewable electricity and energy efficiency, as well as close cooperation with major suppliers through the CO2 reduction plan, will also provide enough for this goal.

DSM stated that its confidence in accelerating the goal of achieving net zero emissions by the end of 2050 comes from the recent major progress in energy conservation and emission reduction-in the first half of this year, its greenhouse gas emissions have been reduced by approximately 19 compared to 2016.
%; The company has increased its internal carbon price from 50 euros per ton of carbon dioxide to 100 euros, further promoting its investment and operational decision-making transition to carbon-neutral operations; starting from the end of this year, 100% of the company’s North American electricity demand will come from Renewable energy; many plants of DSM China have achieved 100% green power supply
.

The Co-CEO of Royal Dutch DSM stated: “As a mission-oriented company, our goal is to promote sustainable growth
.
Therefore, we are honored to be able to achieve this ambitious, science-based carbon target.

Zhou Tao, President of DSM China, said: “DSM operates more than 20 factories in China and is also one of DSM’s largest regional markets for electricity consumption

DSM's new emission reduction targets have passed the review and approval of the Scientific Carbon Target Initiative (SBTi)