Royal Mail commits to global Science-Based Targets initiative

Royal Mail

As part of its attempts to minimise its impact on the environment and cut emissions, Royal Mail has signed up to the Science-Based Targets initiative (SBTi) – the internationally recognised standard in independently assessed corporate emissions reporting.

Royal Mail hopes that the initiative will help set a robust evidence-backed path to achieve its goal of net zero greenhouse gas emissions by 2040, bringing its CO2 emissions reduction targets in line with the UN Paris Climate Agreement and the need to limit global warning to 1.5°C.

Royal Mail stated that it is already the greenest option for delivering parcels, based on competitors’ reported emissions- Through its ‘feet on the street’ network, the business’s 90,000 posties walk over 1bn steps a day, delivering to 31m addresses across the country.

Through its Steps to Zero plan, Royal Mail has pledged to reduce absolute Scope 1 and 2 greenhouse gas emissions by 25% by 2025/26 and Scope 3 emissions by 25% by 2030, from a 2020/1 base year.

Deputy Director Corporate Affairs and ESG at Royal Mail Greg Sage said: “We have a clear plan in place to limit our environmental impact – from electrifying our fleet and upgrading our buildings to increasing our use of rail and reducing reliance on domestic flights – but we want to go further and faster.”

Source: Royal Mail