In 2020, Steelcase reported a relief of more than 30% in greenhouse fuel emissions over the past decade. The urgency of climate change has led the company to expand its existing renewable energy commitments by purchasing carbon offsets. While Steelcase has been able to achieve carbon neutrality (net zero) for its own operations by eliminating the most carbon it emits, the company recognizes that genuine climate action means reducing emissions according to science. In keeping with its sustainability legacy, Steelcase now goes further in its commitment to negative carbon until 2030 by particularly reducing emissions in its own operations with weather science-compliant targets.
What does Steelcase intend to do with its carbon targets until 2030?
Over the next decade, the company will focus on ambitious emissions discounts at the speed needed to avoid the worst effects of climate change. By 2030, adjusting negative carbon, also known as a positive climate, means steelcase would eliminate more carbon than it emits, through a combination of absolute discounts and investments in renewable energy. Additional movements deserve to come with investments for carbon compensation projects and for discounts on external emissions with social benefits.
“Steelcase is proud to lead our industry in solving this critical global problem,” said Jim Keane, Steelcase’s president and CEO. “We continue to see that the destructive effects of the climate affect the lives of others in communities around the world and we are pleased to take swift action in the right direction.
Over the next decade, Steelcase plans to follow the following principles to execute its strategy:
Corporate plans to publish your progress on Steelcase in the long run have an effect on reporting. Reported emissions deserve to be verified through a third party this year.
Build on a foundation to promote lasting change
Steelcase hopes to continue building on its forged foundation by striving to use less, conserve more, obtain fabrics more responsibly and grow more sustainably, leaving a legacy and supporting a regenerative economy.
To learn more about this initiative or sustainability at Steelcase, visit the Sustainability page at Steelcase.com.
Forward-looking statements From time to time, in written and oral statements, the Company analyzes its expectations related to long-term occasions and its plans and objectives for long-term operations. These forward-looking statements address long-term trends, intentions and expectations, or other data about us that are based on the existing management beliefs, assumptions and data that the company currently has. Forward-looking statements are sometimes accompanied by words such as “anticipate,” “” you can also simply “, ” estimate “,” expect “,” anticipate “,” intend “,” possibly “,” possible “potential,” “predict,” “project,” “objectives, or other similar words, expressions, or expressions. While we believe that such forward-looking statements are reasonable, they are based on a number of assumptions about long-term situations, some of which may prove to be inaccurate in the end. Forward-looking statements involve a number of dangers and uncertainties that may also cause the actual effects to differ from the Company’s expectations due to points such as, but not limited to, general and competitive economic situations at national and foreign level; acts of terrorism, war, government action, herbal disasters, pandemics and other force majeure; the COVID-19 pandemic and movements through various governments and third parties to combat the pandemic; Changes in the legal and regulatory environment; price adjustments for raw materials, commodities and other inputs; Currency fluctuations Changes in the call of visitors and other hazards and contingencies detailed in the Company’s most recent Annual Report on Form 10-K and its other filings with the Securities and Exchange Commission. Steelcase disclaims any legal liability to update, modify or explain forward-looking statements, whether as a result of new data, long-term or otherwise.
About Steelcase Inc. For more than 108 years, Steelcase Inc. has helped create exceptional reports for world-leading organizations across all industries. We demonstrate this through our circle of branded relatives, adding Steelcase®, Coalesse®, Designtex®, Turnstone®, Smith System®, Orangebox® and AMQ®. Together, they will offer a complete portfolio of architectural, furniture and generation products and facilities designed to unlock human promise and social, economic and environmental sustainability. We are available internationally through a network of channels, adding more than 800 Steelcase distributors. Steelcase is a world-leading, publicly traded company with revenue of $3.7 billion in fiscal 2020.