The Science-Based Targets Initiative (SBTi) has approved Ecosystem’s emissions reduction target. We are proud to be joining more than 2,000 companies globally in pledging to achieve meaningful reductions in carbon emissions to limit climate change — we have committed to reducing our emissions by 46% by 2030, based on a 2019 baseline.
Ecosystem’s commitment to the energy transition has helped define our work for the last three decades. Since our inception, we have pioneered decarbonization retrofits for clients across North America.
Ecosystem was motivated to make the SBTi commitment not just to advance our leadership in the field but also to participate in a global challenge on our own behalf, explained Gabriel Teyssedou, senior director, who is leading the company’s Energy Transition. “We are also going through the experience to better understand the challenges that come with implementing carbon reduction measures,” he added. “We already do this work with our clients – now we will have firsthand experience.”
By participating in the SBTi, Ecosystem will build further experience in carbon accounting and see the emissions related to construction in more detail. SBTi specifically targets Scope 1 and 2 emissions, as they are considered measurable and easier to control. Because we know there is a limit to which we can compress those emissions, we are also committed to tackling Scope 3 emissions. “This is an opportunity to better incorporate and reuse existing assets while compressing emissions related to the implementation of new infrastructure,” Gabriel explained. “This will allow us to operate even more efficiently in terms of construction and deliver the results our clients expect.”
The SBTi is a partnership of CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) with the goal of reducing private sector GHG emissions. The organization provides standards and guidance for setting – and meeting science-based targets to effect real change.