The global engineering consultancy Wood has set a science-based target to reduce its scope 1 and 2 greenhouse gas emissions by 40% by 2030.
The global engineering consultancy Wood has set a science-based target to reduce its scope 1 and 2 greenhouse gas emissions by 40% by 2030.
Wood said that its target will put the company on a trajectory well beyond the 2-degree Celsius temperature goal identified by the Paris Agreement.
The company’s carbon cutting initiatives will cover wind, solar, carbon capture and storage, hydrogen and waste to energy, as well as solutions to help oil, gas and chemicals clients achieve their own decarbonization targets. It also includes work in the built environment, designing, planning and delivering sustainable and less carbon intensive infrastructure, as cities continue to grow.
To achieve its commitment to a low carbon future, Wood will focus on global efficiencies including minimum standards to reduce carbon intensity from its sites, equipment and vehicle use, the increased utilization of renewable energy sources and more sustainable procurement policies.
Robin Watson, chief executive, Wood said: ‘As a member of the United Nations Global Compact and a long-standing contributor to CDP Climate Change, we believe in the importance of setting science-based carbon reduction targets. Working with our partners, our people and our communities we will build a lower carbon world that enables sustainable growth for future generations.’