Flint Group, a provider of ink and coating solutions for the printing and packaging industries, has secured the Science Based Targets initiative’s (SBTi) approvals for its 2030 carbon-reduction targets.
The company aims to reduce scope 1, 2, and 3 emissions by 46.2% during this timeframe, against 2019 as the baseline year.
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To achieve these science-based targets, FLINT is transitioning to 100% renewable electricity by 2030.
The company’s strategies include on-site energy generation with solar panels and engaging in energy market initiatives such as green tariffs and purchase power agreements.
In addition, the company is exploring the elimination of gas-fired systems for lower-carbon options such as electrification and heat pumps.
Flint sustainability officer Matthew Rowland-Jones said: “We are delighted that our 2030 carbon-reduction targets have been approved by the SBTi. This validation represents significant work across the business to develop a detailed plan to reduce emissions and combat climate change.”
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By GlobalDataHe emphasised that carbon reduction is a key element of ‘PRISM’, Flint’s sustainability strategy, which focuses on ‘Product, Planet and People’.
“The real work begins now, and it is time to put our plans into action. Our connected initiatives will include greater use of low-carbon materials, which currently account for more than 60% of our greenhouse gas (GHG) emissions.
“We are also channelling over 75% of our research and development costs into sustainability-focused ink and coating solutions, such as barrier coatings that make it simpler to recycle packaging structures on the journey to a circular economy,” he added.
The SBTi is a partnership between CDP, the UN Global Compact, World Resources Institute, and the World Wide Fund for Nature.
The initiative upholds best practices in setting science-based targets and independently evaluates corporate targets.
In April this year, the SBTi validated the GHG reduction targets of European film manufacturer SÜDPACK.
The company aims to cut its GHG emissions by 76% in scope 1 and 2 by 2030.
