Doing our part for a sustainable future

Framna commits to reduce absolute scope 1 and 2 GHG emissions 42.0% by 2030 from a 2024 base year. Framna also commits to reduce absolute scope 3 GHG emissions 25.0% within the same timeframe.

Framna has the ambition to take responsibility for a sustainable planet. Therefore, Framna has committed to decarbonization targets that have been validated by SBTi.

 

The main areas where we need to take action are electricity sourcing, digital services, hosting, business travel, company cars, and food. Actions related to the different areas will be phased in over time, starting with green energy.

 

We don't want to be extreme in any way, but we acknowledge that doing the right thing has consequences and doesn't mean we can continue without any changes in behavior. We want to be realistic about what we do. It's better to do less and do it well instead of aiming too high and experiencing fatigue.

SBTi stands for the Science Based Targets initiative. It's a global organization that helps companies set climate goals that are grounded in what climate science says is necessary to prevent the worst effects of climate change.

 

Here's what you need to know:

 

The basic idea: Instead of companies just picking arbitrary emissions reduction targets (like "we'll cut emissions by 20%"), SBTi provides a framework to ensure those targets align with limiting global warming to 1.5°C or well below 2°C, as outlined in the Paris Agreement.

 

How it works: Companies submit their emission reduction targets to SBTi for validation. If the targets meet the scientific criteria, they get approved and the company can say they have "science-based targets." This gives credibility to their climate commitments.

 

Who's involved: SBTi is a partnership between CDP (formerly Carbon Disclosure Project), the United Nations Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). Thousands of companies worldwide have committed to setting science-based targets.

 

Why it matters: It helps combat "greenwashing" by holding companies accountable to rigorous, independently verified standards rather than allowing them to make vague promises about sustainability. It also helps ensure that corporate climate action collectively adds up to what's needed globally.

 

Think of it as the scientific referee that checks whether companies' climate promises are actually ambitious enough to make a real difference.