Timberlink’s carbon reduction targets have been verified and approved by the Science Based Target initiative (SBTi). Using FY18 as a base year Timberlink will commit to reduce scope 1, 2 and 3 greenhouse gas emissions by 21% per m3 of throughput by 2030.
Timberlink further commits to reduce scope 1 and 2 GHG emissions by 53% per m3 of throughput by 2030. The target boundary includes biogenic emissions and removals from bioenergy feedstocks.
Timberlink’s CEO Ian Tyson said that the “scope 1 and 2 commitment is aligned with the more ambitious 1.5°C of warming target, rather than the base target of well below 2°C of warming set down in the Paris Agreement. Making us a leader in our industry, something which we are very proud of.”
Greenhouse gas emissions are broken down into three scopes. Scope 1, from direct emissions such as fuel used in forklifts; Scope 2, from indirect emissions from purchased electricity; and Scope 3, from indirect emissions from supply chain sources including log harvest and haulage, downstream haulage and the processing of sold products. The overall target is to reduce Scope 1, 2 and 3 GHG emissions by 21% per m3 of throughput by 2030. Embedded within that target are a commitment to reduce combined scope 1 and 2 emissions by 53% per m3 and to reduce scope 3 emissions by 20% per m3 throughput by 2030.
Mr Tyson explained that “Timberlink is able to commit to significantly greater reductions in scopes 1 and 2 as they are under our direct control.”
Timberlink is a leading Australasian timber products manufacturing business.