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Weir Group PLC - Glasgow-based engineering company - Submits new scope one, two and three emissions reduction targets to the Science Based Targets Initiative for validation. It says the new targets include absolute reductions in scope one and two emissions of 30% and scope three emissions of 15% by 2030, compared to a 2019 baseline.
Scope 1 and 2 includes key assumptions on growth, operational efficiency, renewable supply and green contracts, while Scope 3 key assumptions relate to growth, product and solution efficiency, product mix, grid greening scenarios, customer commitments and energy mix.
The firm says the new targets will contribute significantly to decarbonising the mining industry. ‘Delivering them would mean that in 2030, an annual reduction of about 4.2 million tonnes carbon dioxide equivalent is achieved - which is equivalent to the annual CO2 emissions of almost 1 million petrol cars,’ it notes.
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