Emissions targets approval for PrimeAsia
The Science Based Targets Initiative (SBTi) has approved emissions reductions target that leather manufacturer PrimeAsia has put in place.
These targets are for the company’s near-term, long-term, and Forest, Land and Agriculture (FLAG) science-based emissions reduction targets.
SBTi has been working since 2015 to help companies to set targets that are in line with climate science and with the Paris Agreement goals (to limit the global temperature increase to 1.5 °C above pre-industrial levels by 2050).
In PrimeAsia’s case, there are targets to ahieve net-zero greenhouse gas emissions across the value chain by 2050. The leather manufacturer has also committed to reducing for scopes one and two by 63% by 2035, with 2024 as the base year.
Within the same timeframe, it will aim to reduce its scope three emissions.
Its near-term FLAG targets are to a reduction of 45.5% by 2035, compared to 2024.
PimeAsia has also committed to no deforestation by December 31, 2025.
