The difference between net-zero and carbon neutrality
At Kvadrat, we want to take immediate action to reduce our emissions in line with climate science. Therefore, we are thrilled to announce that our near-term science based target has been successfully validated by the Science Based Target initiative (SBTi). As a member of SBTi, we have committed to achieve 50% greenhouse gas (GHG) reduction in scope 1-2 by 2025, reaching 100% by 2030 to become net-zero in scope 1-3 by 2040.
Net-zero and carbon neutrality are two terms that are often used interchangeably when companies mention their pursuit of limiting climate change. However, there are significant differences in their approach and long-term impact. To make a meaningful contribution and prevent further acceleration of the global climate emergency, we believe it is imperative to reduce greenhouse gas emissions and become net-zero. As one of the first textile companies in Scandinavia to be validated by SBTi, we commit to foster an impactful change in our industry by taking concrete climate action. We believe having our near-term science based target validated is the first clear and vital step towards our ambitions to become net-zero by 2040.