Sofidel commits to achieving net zero emissions by 2050

Sofidel has announced its commitment to carbon neutrality by 2050, in line with its achievements in WWF’s Climate Savers program and the endorsement of decarbonization targets to 2030 by the Science Based Targets (SBTi) initiative.

The Net Zero initiative, aligned with the European Green Pact and the Paris Agreement, represents a new milestone for the company. By collaborating with SBTi, Sofidel is pursuing science-backed targets, implementing comprehensive strategies that address energy efficiency, process electrification, increased renewable electricity, use of organic fuels, incorporation of green hydrogen and sustainable forest management. This commitment reflects Sofidel’s ongoing efforts towards sustainability and climate change mitigation.

“Sofidel is still accelerating its decarbonization journey. Net Zero is a commitment to our Planet, a fundamental goal for a company like ours engaged in a highly energy-intensive industry. It is not an easy challenge, but it is a necessary one, following on from and consistent with the huge amount of work we have already done,” said Riccardo Balducci, Group Sustainability Director at Sofidel.

The company faces the Net Zero challenge as a continuous evolution in its long history of emissions reduction. A pioneer since 2008, by joining WWF’s Climate Savers program, it set ambitious targets and reduced direct CO₂ emissions by 24% from 2009 to 2020. With the additional goal of a 40% reduction in CO emissions in Scopes 1 and 2 by 2030, supported by SBTi, Sofidel takes a multi-faceted approach. This plan includes not only its operations, but also collaboration with the entire supply chain, highlighting the company’s ongoing commitment to sustainability and technological innovation.

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