The ASTM Group confirms its commitment to be at the forefront of energy transition and fight against climate change by setting greenhouse gas emissions reduction targets on a scientific basis.

There are two GHG emissions reduction targets by 2030 approved by the Science Based Targets initiative (SBTi):

• -54% Scope 1 and Scope 2 GHG emissions (baseline 2020)
• -11% Scope 3 GHG emissions for goods and services purchased from third parties (baseline 2021).

The Science Based Targets initiative (SBTi)

SBTi, an independent international organization born from the collaboration between CDP (formerly Carbon Disclosure Project), the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), promotes best practices and verifies the alignment of companies’ decarbonization targets with the indications of the Paris Agreement.

The Group has developed a climate strategy aligned with the Task Force on Climate-Related Financial Disclosures (TCFD) in order to strengthen the commitment relative to climate change and, in particular, help meet the objective of limiting the increase in the average global temperature to no more than 2°C with respect to pre-industrial levels, as defined in the Paris Agreement. The Sustainability Report reports information on risks and opportunities related to climate change with reference to four thematic areas representing the fundamental pillars of an organisation:

• Governance
• Strategy
• Risk management
• Metrics and targets