Science Based Targets initiative

Manni Group signed up for the GHG emission reduction targets, guidelines and assessment of the Science Based Targets initiative (SBTi).

• A 40% reduction in absolute Scope 1 and 2 GHG emissions by 2028 compared to base year 2016
• A 92% increase in the annual supply of renewable electricity by 2028
• An 18% reduction in Scope 3 GHG emissions per tonne of steel sold by 2028 compared to base year 2019
• A 20% reduction in Scope 3 GHG emissions per m ³ of insulating panel produced by 2028 compared to base year 2019.

The Science Based Target initiative (SBTi), which was created as a result of the Paris Agreements between the United Nations Global Compact, Carbon Disclosure Project (CDP), World Resources Institute (WRI) and World Wide Fund for Nature (WWF). Its aim is to guide companies in planning emission reduction targets.