We’re proud to have supported Colt in setting their ambitious targets, now approved by the Science Based Target Initiative in line with current best practice and positioning them as market leaders in sustainability.
The extensive targets Colt Group have set include interim targets, demonstrating Colt’s credibility, and commitment to immediate action. These include:
- 75% renewable electricity for all sites globally by 2023
- 93% of supply chain emissions aligned to 1.5C SBT by 2025
- 38% electric vehicles in company fleet by 2025 and 75% by 2030
- 100% switch to renewable gas by 2030
“As a business, we understand the urgency of taking action to drive positive changes in the technology industry and take full accountability for our emissions. I am thrilled to mark this milestone and commit to science-based targets,” said Keri Gilder, CEO at Colt Technology Services. “Colt’s goal line is clear: we aim to become a market leader in sustainability by not only reducing our own emissions but also assisting our customers in their own sustainability journeys.”
For us, climate action is about creating long-term value while reducing emissions accurately and credibly. Only then can we help deliver the global carbon reductions needed to avoid catastrophic effects of climate change.” – Niclas Sanfridsson, CEO at Colt Data Centre Service
Work will begin immediately to help achieve these targets. Initially Colt’s climate strategy will focus on internal carbon reductions across its operations and services, any emissions Colt cannot reduce will be offset through high-integrity carbon removal offsetting.
Carbon Intelligence considers setting a science-based target as one of the strongest and most credible ways a company can demonstrate their commitment to tackling climate change. We are proud to have now worked with 1 in 3 UK companies on their approved science-based targets. Find out more here.