Frode Laursen commits to Science Based Targets: Chasing Net-Zero

6. March 2024
Frode Laursen has committed to the Science Based Targets initiative to achieve Net-Zero by 2050.

In recent years, Frode Laursen has been focused on reducing its CO2 footprint and has now chosen to join the Science Based Targets initiative (SBTi).

The UN Global Compact, World Resources Institute, and WWF, among others, are behind the SBTi, which sets a scientific standard for companies that want to support the climate goals of the Paris Agreement. Therefore, Frode Laursen’s commitment is a concrete manifestation of the company’s significant green ambitions.

“We want to be at the forefront of the decarbonization of the logistics industry, and joining the SBTi is a natural step in our efforts to reduce our climate footprint. We already report on our greenhouse gas emissions across all three scopes and can also note significant progress each year. Still, with the SBTi, we get a goal and framework that we share with many of our partners,” says Thomas Corneliussen, CEO of Frode Laursen.

The positive green development has primarily occurred in connection with Frode Laursen’s primary focus on using alternative fuels. The company owns a large share of its trucks and is well-equipped to implement green solutions. Thus, last year, 26% of Frode Laursen’s transport tasks were carried out using alternative fuels such as HVO biodiesel, biogas, and electricity.

By joining the Science Based Targets, Frode Laursen has committed to setting a near-term target to be achieved within 5-10 years and a Net-Zero goal for 2050. Since 2020, the company has a target to reduce its emissions in scope 1 and 2 by 35 percent by 2030. With its commitment to the SBTi, Frode Laursen will begin reassessing this goal and setting a target for its scope 3 emissions.