Airbus has received approval from the Science Based Targets initiative (SBTi) for its greenhouse gas emissions (GHG) near-term reduction targets.
The SBTi is a partnership between CDP—a global non-profit that drives companies and governments to reduce their GHG emissions—the UN Global Compact, World Resources Institute and the World Wide Fund for Nature.
In 2022, Airbus officially committed to defining science-based targets for all its emissions and submitted near-term targets that have now been independently assessed and validated by the SBTi.
As part of this commitment, Airbus intends to reduce its Scope 1 and Scope 2 emissions by up to 63% by 2030, in line with the agreed-upon pathway to limit global temperature increases to less than 1.5ºC.
Scope 1 emissions cover GHG emissions that a company makes directly, such as while running its central heating equipment or vehicles. Scope 2 are indirect emissions, such as when the energy a company buys for heating or cooling buildings is being produced on its behalf.
Airbus also committed to reduce by 46% the GHG emissions intensity generated by its commercial aircraft in service by 2035.
Both targets are based on the 2015 year as a baseline and in line with the Paris Agreement goals.
“At Airbus we are committed to leading the decarbonization of the aerospace sector,” CEO Guillaume Faury said. “The independent assessment and validation of SBTi demonstrates our willingness to define meaningful climate targets aligned with science. Together with our partners and customers, we are determined to achieve these targets and invest in the solutions that will help decarbonize our industry and ensure aviation can continue to play its precious role in society.”
Established in 2015, SBTi helps companies to set emissions-reduction targets in line with climate science and the Paris Agreement goals. SBTi says that more than 4,000 companies around the world have signed up for the initiative.
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