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In doing so, the intralogistics company commits to setting science-based emissions reduction targets consistent with limiting global warming to 1.5°C above pre-industrial levels along its entire value chain. TMHE also commits to halving its greenhouse gas emissions by 2030 and achieving net zero emissions by 2050 at the latest.

The Science Based Targets (SBTi) initiative is a collaboration between CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). To date, more than 900 companies representing a market capitalization of more than $13 trillion have joined the Business Ambition for 1.5°C campaign.

The company has already achieved several milestones on the road to climate-neutral operations. These include reducing CO2 emissions from its own operations by 29% since 2012, achieving net-zero emissions at its largest plant in Sweden, and switching to 100% renewable electricity across all business units.