MillerKnoll Achieves SBTi Validation for Near-Term Carbon Reduction Targets
SBTi is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating climate change. They develop standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement.
"Validating our near-term carbon reduction targets with SBTi is a critical milestone in staying at the forefront of our customers' expectations for climate action," said
MillerKnoll's near-term science-based targets as validated by SBTi:
MillerKnoll commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2022 baseline year. MillerKnoll also commits to increase active annual sourcing of renewable electricity from 38.3% in FY2022 to 100% by FY2030. MillerKnoll further commits to reduce absolute scope 3 GHG emissions from purchased goods and services, waste generated in operations and end-of-life treatment of sold products 25% within the same timeframe.
This achievement, which comes on the heels of MillerKnoll announcing its new sustainability strategy, builds upon the company's history of environmental stewardship and underscores its ongoing commitment to design for the good of humankind.
For more information about MillerKnoll's commitment to sustainability, please visit millerknoll.com/environmental-social-impact/sustainability.
About SBTi
The SBTi defines and promotes best practice in science-based target setting and independently assesses companies' targets. The SBTi is incorporated as a charity, with a subsidiary which will host the target validation services. Their partners are CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). To learn more, visit www.sciencebasedtargets.org.
About MillerKnoll
MillerKnoll is a collective of dynamic brands that comes together to design the world we live in. The MillerKnoll brand portfolio includes
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SOURCE MillerKnoll
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