Major contractors, construction equipment manufacturers and rental companies are among those pledging to cut the greenhouse gasses they produce. But how much do these corporate climate pledges really tell us, and what more could they be doing? Lucy Barnard reports.
With a couple of clicks of his computer keyboard, Marius Verwoerd, VP for Sustainability at Finnish mining equipment manufacturer Metso Outotec scrolls through a series of charts on the company website to show the carbon emissions.
In 2021, Metso produced 52,216 tonnes of carbon dioxide from its own operations, an increase of 14% from the 44,913 tonnes in 2020, but down 58% compared with 2019. This was mostly achieved, Verwoerd says, by switching energy sources from fossil fuels to renewables or renewable energy certificates where that isn’t possible.
That, he says, is keeping the company on track to meet its latest emissions reduction targets, set by the company in 2021, promising to halve CO2 output compared with 2019 levels and to ‘net zero’ by 2030.
Net zero is the point at which the amount of carbon emissions produced by the company will be so low it will be balanced out by the amount it removes from the atmosphere.
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