[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-sandvik-coromants-net-zero-target-validated-by-science-based-targets-initiative":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fR4DoeVRVekscO3pYCsJIt6KjRPIynjtNlytHFj6IDMg":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$fBs-3dKXserit54u6K6tjeid5TCkHQqDr9_Bj5KlRb7I":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},710,"Sandvik Coromant’s Net-Zero Target Validated by Science Based Targets Initiative","sandvik-coromants-net-zero-target-validated-by-science-based-targets-initiative","Sandvik Coromant achieves SBTi validation for its ambitious net-zero strategy, setting a new benchmark for sustainable manufacturing.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FNovember2023\u002FSAC634%20-%20SBTi%20logo.png\" alt=\"\" width=\"258\" height=\"155\">Sandvik Coromant, the metal cutting expert, through the wider Sandvik Group, has committed to near-term company-wide emission reductions in line with climate science with the Science Based Target initiative (SBTi). Aligned with the goals of the Paris Agreement and the United Nations Sustainable Development Goals (SDG), Sandvik Coromant’s own sustainable business targets have been set in line with the SBTi’s criteria as part of the organization’s commitment to reducing its greenhouse gas emissions and practicing responsible manufacturing.\u003C\u002Fp>\r\n\u003Cp>A collaboration between the global non-profit CDP, the United Nations Compact, World Resources Institute (WRI), and the WorldWide Fund for Nature (WWF), SBTi defines and promotes best practice in emissions reduction and net-zero targets in line with climate science. The initiative works alongside businesses to help them take the necessary steps to reduce their carbon emissions and seize the environmental, financial, and business benefits that science-based climate goals can bring. The SBTi also launched the world’s first Corporate Net-Zero Standard, to ensure that companies’ net-zero targets translate into action that is consistent with achieving a net-zero world by 2050.\u003C\u002Fp>\r\n\u003Cp>Alongside the wider Sandvik group, Sandvik Coromant first committed to set targets in line with the SBTi’s criteria in December 2021, beginning a rigorous validation process during which the SBTi worked with the team to help update its targets. Now, following validation from the SBTi, Sandvik Coromant is working towards several revised sustainability goals.\u003C\u002Fp>\r\n\u003Cp>First, the organization is committed to reaching net-zero. When considering net-zero, greenhouse gas emissions are split into three scopes. Sandvik Coromant plans to reach net-zero for scopes one and two, which includes emissions produced directly within Sandvik Coromant’s operations and those produced indirectly through heating and power, by 2035. It aims to reach net-zero for scope three emissions, those that result from activity that takes place beyond facility walls, such as the production of raw material and emissions generated through the supplier network, by 2050.\u003C\u002Fp>\r\n\u003Cp>Sandvik Coromant is also working to become more than 90 percent circular by 2030, with its buy-back scheme for recycling used carbide tools forming an important part of its circularity strategy. The company’s third sustainable business goal relates directly to people, with a pledge for women to make up a third of Sandvik Coromant’s management team by 2030.\u003C\u002Fp>\r\n\u003Cp>“Committing to science-based targets is a crucial part of our sustainability strategy,” said Patrik Eurenius, Head - Sustainability and EHS, Sandvik Coromant. “Recognition of the SBTi initiative has grown exponentially in recent years. When we first signed up, around 3,000 other businesses did so at the same time. Now, that figure is almost double. As more businesses wake up to the reality our planet faces, and act to make a difference, validation from the SBTi will become even more vital.”\u003C\u002Fp>\r\n\u003Cp>Sandvik Coromant has already made significant progress towards its sustainability goals and has already halved its scope one and two carbon emissions compared to 2019 levels. “We’ve encompassed sustainability goals into our practices for some time,” added Eurenius. “With SBTi validation, we can evidence our commitment to leading the manufacturing shift even further. We want to support everyone—our customers, colleagues, partners, and stakeholders—in the transition towards sustainable manufacturing. Now, we have the science behind us to help make that happen.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.sandvik.coromant.com\u003C\u002Fstrong> \u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FNovember2023\u002F5jEeS3n3fpfTAqm0uJwT.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FNovember2023\u002F5jEeS3n3fpfTAqm0uJwT.jpg","2023-11-11T06:01:23+05:30","MWM Desk","News",0,"Sandvik Coromant’s emission reduction targets are now officially validated by the Science Based Targets initiative.\nThe company aims for net-zero emissions in scopes one and two by 2035 and scope three by 2050.\nNew sustainability goals include a commitment to 90 percent circularity and increased gender diversity in management by 2030.","Sustainability is no longer a corporate buzzword; it is a business imperative. We are pleased to report that Sandvik Coromant has officially secured validation from the Science Based Targets initiative (SBTi) for its net-zero emissions roadmap. By aligning its operations with the Paris Agreement, the company is demonstrating how manufacturing leaders can drive the transition to a low-carbon future. With clear targets for scopes one, two, and three, alongside ambitious circularity goals, Sandvik Coromant is setting a rigorous standard for the industry. As the manufacturing sector faces increasing pressure to innovate sustainably, data-backed strategies are the key to building long-term resilience and trust with stakeholders. How is your organization integrating science-based targets into your operational strategy? #Sustainability #Manufacturing #NetZero","Sandvik Coromant secures SBTi validation for its net-zero roadmap, committing to bold emission reductions and circularity goals by 2035 and 2050. A major step forward for sustainable industrial manufacturing. #Sustainability #NetZero","Big news in the world of sustainable manufacturing! 🌍 Sandvik Coromant has officially received validation from the Science Based Targets initiative (SBTi) for its net-zero emissions goals. 🛠️✨\n\nBy committing to reach net-zero for scopes one and two by 2035, and scope three by 2050, they are proving that industry leaders can drive the green transition. Beyond emissions, they’re aiming for 90% circularity by 2030—a massive win for the environment! ♻️\n\nIt’s inspiring to see how science and business are coming together to create a more responsible future. Proud to see our industry partners taking such bold, measurable action. 👏\n\n#SandvikCoromant #SustainableManufacturing #NetZero #GreenTech #CircularEconomy #IndustryNews #EcoInnovation",{"title":6,"description":8,"keywords":21},"sandvik coromant, sbti validation, net-zero targets, sustainable manufacturing, corporate sustainability, circular economy, greenhouse gas emissions, carbon reduction, industrial environmental policy",{"title":23,"slug":24,"imageUrl":25},"Dassault Systèmes’ 3DEXPERIENCE Cloud Summit India 2023 Showcased Sustainable Innovations","dassault-systemes-3dexperience-cloud-summit-india-2023-showcased-sustainable-innovations","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FNovember2023\u002FEKVCQrkj6sSCu6BY6LXo.jpg",{"title":27,"slug":28,"imageUrl":29},"HANNOVER MESSE 2024 Introduces FEMWORX: A Two-Day Career Congress for 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