Deloitte’s near-term (2030) greenhouse gas (GHG) reduction goals have been validated by the Science Based Targets initiative (SBTi) as 1.5°C-aligned, science-based targets. Deloitte has also committed to set long-term emissions reduction targets using the SBTi’s Net Zero Standard.
Our near-term goals are to:
- Reduce absolute Scope 1 and 2 GHG emissions 70% by 2030 from a 2019 base year.
- Reduce Scope 3 GHG emissions from business travel 50% per FTE by 2030 from a 2019 base year (by 2025 for Deloitte NL).
- Engage with our major suppliers with the goal of having 67% (by emissions) set science-based targets by 2025.
- Invest in meaningful market solutions for emissions we cannot eliminate.
Our additional 2030 goals to reduce emissions include (by 2025 for Deloitte NL):
- Sourcing 100% renewable energy for our buildings
- Converting 100% of our fleet to hybrid and electric vehicles
Deloitte’s near-term goals (2030) were validated in advance of the issuance of the SBTi Net-Zero Standard. Deloitte’s next step will be to set long-term emissions reduction targets following the SBTi standard to continue playing our part in achieving a net-zero world.
By committing to setting science-based targets, Deloitte has been accepted by the United Nations Global Compact’s Business Ambition for 1.5°C. This secured Deloitte’s participation in the Race to Zero, which mobilizes a coalition of leading net-zero initiatives, representing 471 cities, 23 regions, 1,675 businesses, 85 of the biggest investors, and 569 universities. We join 120 countries to form the largest alliance committed to achieving net-zero carbon emissions by 2050, collectively covering nearly 25% of global CO2 emissions.
Determined to “drive climate action fast,” Deloitte announced additional commitments in April 2021 with the Climate Group, a non-profit organization that works with business and government leaders to address climate change, and are one of the few organizations committing to all three of their core global initiatives:
- Achieving 100% renewable electricity (RE100)
- Making electric transport the new normal by 2030 (EV100); and
- Improving energy efficiency and productivity (EP100), which includes a pledge, supported by the World Green Building Council, that all of our buildings will operate at net-zero carbon by 2030.