ATOS gains approval of their science-based target
Launched in 2015, SBTi encourages companies to define a clear pathway to reduce their greenhouse gas (GHG) emissions, in line with the level of decarbonization required to keep the global temperature increase below 2°C, as specified by the Paris Agreement. The initiative encourages a sectoral approach to setting emissions reductions targets to ensure that companies are planning for a low carbon future while keeping in mind the sector responsibilities on the road to 2050.
This is vital for the IT and digital technology sector, of which ATOS is a member. It is estimated that the IT sector consumes approximately 7% of global electricity. With increased digitisation and the inevitable growth of the sector, it is important that companies such as ATOS address these challenges.
ATOS are the first publicly listed company in the technology sector in France to have set a science-based target and had it approved by the Science Based Targets initiative (SBTi).
As an international leader in digital transformation, ATOS has placed sustainable development at the core of its corporate strategy for many years. As part of this, the company made the ambitious commitment to set science-based targets.
EcoAct supported ATOS in defining its low-carbon targets. Their aim is to meet these targets through improving energy efficiency at data centres and switching to renewable energies. The target covers direct (Scope 1 and 2) and indirect (Scope 3) company emissions and encompasses short, medium and long-term plans. This strategy has seen ATOS recognised as a leader in terms of environmental performance. In 2016 and 2017, the Group was recognized for its climate action by CDP, entering the A List. The Dow Jones Sustainability Index also ranked ATOS #1 in the global and European IT services industry in 2017.
- 50% GHG emissions reductions (in absolute value and intensity) between 2008-2016:
- 100% of the residual carbon emissions associated with data centres are offset by financing wind power projects in India.:
- A reduction in energy consumption through more effective management of systems has supported the Bank in being on track with their energy reduction targets.:
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SBTs are emission reductions targets aligned with the rate of decarbonisation required by science to limit global warming to below 2 degrees. SBTs are a rapidly growing initiative with the number of companies publicly declaring theirs growing by the day.
- How to assess the feasibility of an SBT
- What the SBTi recommended approaches are
- The stages of calculating an SBT
- The considerations surrounding official verification
- Where to find the biggest potential in emissions reduction