Ashland Commits to Science Based Targets Initiative and United Nations Global Compact
More than 1,000 businesses are working with the Science Based Targets initiative to reduce their emissions in line with climate science.
Ashland is joining the global movement of leading companies and aligning operations with the aim of the Paris Climate Accord to limit global temperature rise to 1.5°C above preindustrial levels. Ashland has also committed to making the UN Global Compact and its principles part of the company’s business strategy, culture, and day-to-day operations, and will engage in collaborative projects that advance the broader development goals of the United Nations, particularly the Sustainable Development Goals.
“Science-based targets provide a clearly-defined path to reduce greenhouse gas emissions,” said Guillermo Novo, chairman and chief operating officer, Ashland. “We support public accountability and transparency, and we commit to reporting our progress. These initiatives reinforce Ashland’s core values and strengthen our environment, social and governance (ESG) agenda. They provide a platform for sustainable innovations that will foster top-line growth in the transition to the low-carbon economy.”