Tubex gets approval for reduction targets

One of Tubex's emission targets is to reduce greenhouse gases by 42 percent till 2023
(Image: Tubex)

By 2030 Tubex wants to reduce its greenhouse gas emissions by at least 42 percent compared to 2020. This target was now approved by the Science Based Targets initiative (SBTi). Tubex focusses on reducing its Scope 1, 2 and 3 greenhouse gas emissions. 

Tubex Aluminium Tubes announces that the SBTi has assessed and approved its group-wide near-term reduction targets for greenhouse gas (GHG) emissions.┬áThe company’s targets are consistent with the Paris Agreement to limit global warming to 1.5┬░C/well below 2┬░C. They cover emissions from Tubex Aluminium TubesÔÇÖ own operations and from our supply chain (scope 1, 2 and 3). Tubex┬ácommits to reduce absolute scope 3 GHG emissions by a minimum of 42 percent within the same timeframe.

The SBTi has classified our companyÔÇÖs scope 1 and 2 target ambition and has determined that it is in line with a 1.5┬░C trajectory. This is currently the most ambitious designation available through the SBTi process.

ÔÇťThe SBTi approval of our GHG reduction targets underlines our commitment to taking serious and transparent action on climate and to supporting sustainable development. We have decided to commit to SBTi to be in line with the latest climate science and to provide our stakeholders with transparency and accountability in the terminology we use to describe our goals. We are very pleased to be leading the way as the first aluminium tube manufacturer worldwide to be validated by the SBTi.ÔÇŁ

Thierry Bitout, Group CEO

The company is now also exploring routes to reaching net zero by 2050. Tubex launched its climate strategy in 2022. The roadmap is designed around three key areas: eco-design, a 1.5°C pathway and circularity. Each area has a list of priority steps that will be taking over the next eight years, both in the operations and throughout the supply chain. 

Source: Tubex

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