ALOM Goals to Lower Greenhouse Gas Emissions Validated by Science Based Targets initiative (SBTi)

ALOM, a global leader in supply chain management, announced today the Science Based Targets initiative (SBTi) has verified ALOM’s net-zero science-based target to reduce greenhouse gas (GHG) emissions by 2030. Setting science-based targets supports an ambitious roadmap to a zero-carbon economy and promotes a global net-zero energy system. SBTi Science Based Targets are in line with what the latest climate science says is necessary to meet the goals of the Paris Agreement – limiting global warming to 1.5°C above pre-industrial levels.

“ALOM has implemented measurable greenhouse gas emission-reducing initiatives that are rooted in climate science and apply to every aspect of our business,” said Kaveh Moraghebi, ALOM Senior Director of Quality and Sustainability who led the SBTi verification. “SBTi’s verification of ALOM’s target to reduce scope 1 and scope 2 GHG emissions 42% by 2030 and to reduce scope 1, 2, and 3 emissions 100% by 2033 demonstrates to the world our clearly defined path to helping prevent the worst impacts of climate change and future-proof business growth.”

SBTi is a collaboration among the United Nations Global Compact (UNGC), World Resources Institute (WRI), the CDP, a nonprofit helping entities disclosing environmental impact, the World Wide Fund for Nature, (WWF) and one of the We Mean Business Coalition commitments. SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.

“As a company that has long been committed to a healthier planet, we take our role as a leader in reducing emissions in the supply chain as profoundly important for our economic and environmental well-being,” added Hannah Kain, President and CEO of ALOM. “Given that close to 90% of GHG emissions result from supply chains serving companies that produce and ship physical goods, we believe our industry has an opportunity – and a responsibility – to act decisively with SBTi targets in mind.”

In line with SBTi criteria to limit the global temperature rise, ALOM is prioritizing direct emissions reductions and neutralizing all residual emissions. This verification is one of ALOM’s science-based milestones of rigorous certifications, best-in-class partnerships, and innovative programs to monitor and report GHG reduction.

For example, ALOM’s ISO 14064-1 certification ensures transparency in tracking and reporting all direct and indirect scope 1, 2, and 3 GHG emissions. As a Green Power Partner with the U.S. Environmental Protection Agency (EPA), ALOM must verify its ongoing use and GHG reduction impact of clean energy use.

Further initiatives enacted by ALOM to achieve its SBTi verified GHG reduction targets include:

-Nearsource its supply base to reduce freight transport distance

-Execute meaningful sustainable procurement and packaging strategies

-Support aggressive recycling and reuse programs

-Implement energy saving technology

ALOM works collaboratively with customers and suppliers to extend the scale of its GHG emission reduction initiatives. The company can provide GHG data specific to the delivery of customer programs to quantify its contribution to achieving customers’ own GHG reduction goals. Across its supply base, ALOM partners with suppliers that support its environmental values and have enacted greenhouse gas reduction and measurement initiatives – or are in the process of doing so.

SBTi target verification is an important milestone for ALOM in meeting its GHG emission reduction goals. Read about the company’s ESG commitment and download its 2023 ESG report: https://alom.com/esg-centric-values/

To learn more about Science Based Targets initiative, visit https://sciencebasedtargets.org/