The concept of Net-Zero, or carbon neutrality, was defined by the Intergovernmental Panel on Climate Change (IPCC). It means that, at the level of an organization or a country, greenhouse gas emissions must be reduced as much as possible, then offset only for the small remaining portion that cannot be eliminated. This concept gained traction in the 2010s, when the scientific community showed that achieving carbon neutrality by mid-century was essential to limit global warming to 1.5°C. In 2021, the Science Based Targets initiative created an international standard enabling companies to commit to a Net Zero trajectory based on scientific data and verified targets.
This new milestone continues the momentum built by the Swedish group, which had already obtained validation in 2023 for its 2030 emissions reduction target, aligned with a 1.5°C trajectory. The company is now taking a major step forward in its climate strategy. By adopting the SBTi's Net-Zero standard, Cary Group is committing to a significant reduction in its emissions by 2050, while continuing the efforts already underway for 2030.
The Swedish company will have to combine its short-term efforts with a longer-term strategy, ensuring that the progress made by 2030 does not lose momentum over time. It is therefore committed to reducing its total emissions by at least 90% by 2050, covering all areas of activity, from its direct operations (Scope 1) and energy consumption (Scope 2) to all indirect emissions linked to its partners and suppliers (Scope 3). Only a residual portion can be offset through carbon removal solutions when reductions are no longer possible.
"We are very pleased to take this step, which reinforces our commitment to reducing our emissions. Since 2023, our targets for 2030 have already been validated by the SBTi. Committing to carbon neutrality sends a strong message to our customers, partners, and employees," emphasizes Helene Gustafsson, Communications Director at Cary Group.
