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Temenos: Commitment to Reduce Carbon Emissions Validated by Science Based Target Initiative | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Temenos: Commitment to Reduce Carbon Emissions Validated by Science Based Target Initiative

Temenos: Commitment to Reduce Carbon Emissions Validated by Science Based Target Initiative

  • Temenos is to power a world of banking that creates opportunities for everyone
  • Received validation on its ambitious Scope 1, 2, and 3 emissions reduction targets with approval from the SBTi
  • The SBTi validated commitment to reduce absolute scope 1, 2, and 3 GHG emissions by 50 percent by 2030
  • This target is aligned with keeping global warming to no more than 1.5°C compared to pre-industrial levels
  • Across its global operations and value chain, while helping clients transform into smart, inclusive
  • SBTi defines and promotes best practices in science-based target setting to prevent the most damaging effects of climate change

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