DP World secures validation from SBTi

DP World announced that it has secured validation from the Science Based Targets initiative (SBTi) for its ambitious commitment to reduce its carbon footprint.

The SBTi is a world leading authority in advancing private sector progress to reduce GHG emissions, helping prevent the impacts of climate change. DP World said in a statement that its plans to include reducing scope 1 greenhouse gas (GHG) emissions 42 per cent by 2030 from a 2022 base year. DP World also commits to reduce scope 2 GHG emissions 62.2 per cent, and reduce absolute scope 3 GHG emissions 28 per cent within the same timeframe.

DP World has made notable progress on its sustainability strategy in recent years, announcing a 13 per cent reduction in emissions since the 2022 base year. Its new 42 per cent reduction target and increased commitments on Scope 3 reductions build on the success to date.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, commented, “DP World is committed to leading the supply chain industry towards a more sustainable and efficient future, and ultimately achieving net zero emissions by 2050. The SBTi’s validation confirms the strength and ambition of our plans as we remain committed to playing a pivotal role in uniting our industry for a better tomorrow.”

Piotr Konopka, Group Vice President at DP World, Global Decarbonisation & Energy, said, “We are delighted to have achieved SBTi validation and we will continue to drive progress in a range of areas, including equipment electrification.

WAM