Axis Communications AB, a leading provider of network video solutions, has set ambitious near-term targets to reduce its global greenhouse gas emissions. These targets have been validated by the Science Based Targets initiative (SBTi), a collaboration between influential organisations focused on accelerating corporate climate action.
Under the approved targets, Axis has committed to reducing its absolute scope 1 and 2 emissions – those generated directly and indirectly by its operations – by 42% by 2030, using 2022 as the base year. Additionally, the company pledges to cut scope 3 emissions from purchased goods and services, upstream transportation and distribution, and the use of its sold products by an impressive 51.6% per unit sold within the same timeframe.
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Carl Trotzig, Director of Environment & Supply Chain Sustainability at Axis, emphasised the company’s long-standing commitment to minimising its environmental impact across the entire value chain. “Taking a science-based approach fits with our ethos, and having our targets validated by the SBTi only adds more momentum to our efforts,” he said.
The targets align with the Paris Agreement’s goal of limiting global warming to well below 2°C above pre-industrial levels and pursuing efforts to limit it to 1.5°C. Axis joins over 5,000 organisations worldwide supporting science-based targets for greenhouse gas emission reductions.
To achieve its scope 1 and 2 targets, Axis is reviewing energy provider contracts globally to prioritise fossil-free sources and transitioning its vehicle fleets to electric vehicles. However, the company recognises that scope 3 emissions, which encompass the entire value chain, represent the largest source of emissions.
“Reducing the emissions associated with the lifetime use of Axis products will be a priority,” Trotzig explained. “We’ve already introduced features to help customers better manage and optimise the energy use of our cameras, but we will also take a whole system perspective, including the impact of data centers and cloud-based services.”
Additional focus areas for scope 3 emission reductions include component and product manufacturing, as well as transportation. Axis plans to drive the adoption of fossil-free energy sources in manufacturing and further regionalise its supply chain to minimise transportation requirements.
The company’s commitment to meeting science-based emission reduction targets reflects its ongoing efforts to reduce the environmental impact of its operations and upstream and downstream value chains. These efforts are aligned with three pillars: beating climate change, protecting natural resources, and safeguarding ecosystems.
As businesses face increasing pressure to address their environmental footprints, Axis’s science-based targets demonstrate a proactive approach to tackling emissions across its value chain, setting an example for others in the industry to follow.
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