Emissions and accountability
We have an impact on the world. We are responsible for our share of carbon emissions, and we are responsible for lowering it. To do that in an efficient manner, we need to know the scale of our emissions and where the majority of it is coming from. If not, we risk wasting time and resources at initiatives that will make little to no difference. Therefore, we have committed to two initiatives that not only require that we lower our emissions significantly but also that we calculate and report on our emissions.
GripGrab has committed to Shift Climate Commitment, initiated by Shift Cycling Culture and to Science Based Target initiative (SBTi). SBTi is based on the standards of the GHG protocol, and is an initiative where companies commit to climate action and reducing their emissions in line with the ambitions of the Paris Agreement of limiting global warming to 1,5°C.
Based on these commitments, we have the following goals:
- Reduce our emissions with 55% by 2030, with 2021 as our base year
- Reach net-zero by 2040, with 2021 as our base year
- Publicly report our company-wide Scope 1, 2, and 3 GHG emissions inventory and progress annually, using the GHG Protocol reporting standards.