Ashland announces validation of science-based GHG emissions reduction targets

The Science Based Targets initiative has validated the science-based greenhouse gas, GHG, emissions reductions targets submitted by Ashland as conforming with the SBTi Criteria and Recommendations. The company has joined more than 6,500 businesses who have committed to the SBTi to reduce emissions in line with climate science. Ashland has set near-term science-based targets across scopes one, two, and three in line with 1.5 degrees C emissions scenarios to ensure the strongest ambition in the short-to -medium term committing to reduce absolute scope 1 and 2 GHG emissions 50.4 percent by FY2032 from a FY2022 baseline year and to reduce absolute scope 3 GHG emissions 50.4 percent within the same timeframe. “Ashland is proud to announce our ambitious science-based targets that reflect our purpose to responsibly solve for a better world,” said Guillermo Novo, chair and chief executive officer, Ashland. “As a global leader in additives and specialty ingredients, we understand the importance of environmental, social and governance commitments. Reducing our GHG emissions helps mitigate climate change and our actions contribute to our customers sustainability goals.”