SBTi is a collaborative initiative created with a sole purpose: to drive climate action in the private sector.
Kindred’s updated targets have been developed in line with the setting method established by Science Based Target, to meet the goals of the Paris Climate Change Agreement.
According to the updates, Kindred has committed to reducing absolute scope 1 and 2 greenhouse gas emissions by 90% by the fiscal year 2027 from the fiscal year 2019 base.
The group has also committed to reducing absolute scope 3 greenhouse gas emissions by 35% within the same period of time.
Henrik Tjärnström, Kindred Group CEO, commented: “As one of the first companies in the European gambling industry to introduce science-based emission targets in 2020, we are happy to continue to break new ground and to have our adapted targets validated.
“The severity of the climate crisis calls for immediate and resourceful action, and the SBTi plays a key role as an enforcer of significant, science-based progress. For us, this commitment reflects an important notion – there is no time to waste and we must all do our part.”
By committing to these goals, the group is joining the global movement of companies across industries that take action to reach results in preventing climate change; and these new targets will offer guidance for Kindred in its sustainability work.
The Paris Climate Change Agreement is a legally binding international treaty on climate change with the goal of limiting global warming to well below 2, preferably to 1.5 degrees Celsius, compared to pre-industrial levels.