Jacobs publishes Science-Based Target Initiative and signs the UN Business Ambition for 1.5°C
DALLAS, Dec. 10, 2020 /PRNewswire/ -- In advance of the Climate Ambition Summit this Saturday, December 12, marking the fifth anniversary of the Paris Agreement, Jacobs (NYSE:J) has fulfilled its commitment to transition to 100% renewable energy for its operations in 2020 and achieved net-zero carbon emissions for its operations and business travel in 2020. These milestones and other key objectives were outlined earlier this year in Jacobs' first Climate Action Plan to help address the climate crisis.
Jacobs has also published carbon reduction targets to cover Scope 3 (indirect emissions) and these have been approved by the Science Based Target Initiative.
"Reaching our goal to become carbon neutral is a major step in improving the way we run our operations at Jacobs," said Jacobs Chair and CEO Steve Demetriou. "And our biggest opportunity to affect climate change is through the work performed for our clients – helping them to achieve change and create a better tomorrow for all. Together, we are pushing the limits of what is possible and staying ahead to create the new standards of our future."
Jacobs achieved carbon neutrality for its operations and business travel in 2020, in line with global standard PAS 2060:2014, by reducing its carbon consumption and neutralizing remaining carbon impact by purchasing renewable energy and carbon offsets. Jacobs anticipates that its renewable energy and carbon offset purchases will diminish each year as it continually reduces its direct and indirect emissions. Jacobs is also committed to becoming carbon negative for its operations and business travel by 2030.
Joining over 300 companies worldwide, Jacobs has also signed the United Nations (UN) Business Ambition for 1.5°C – an urgent request for action from the global coalition of UN agencies, business and industry leaders, calling on businesses to set ambitious science-based emissions reduction targets aligned with limiting global temperature rise to 1.5°C above pre-industrial levels.
Source: Jacobs Engineering Group Inc.
Date: Dec 10, 2020