In June 2024, UTAC set new decarbonisation targets as part of our commitment to sustainability and to a safer and cleaner future. We are proud to announce that the Science Based Target initiative (SBTi), a corporate climate action organisation enabling companies and financial institutions worldwide to play their part in combating the climate crisis, has approved UTAC’s near-term science-based reduction targets.
SBTi has classified UTAC’s scope 1 and 2 target ambition as in line with a 1.5°C trajectory. By reducing our carbon emissions, we are actively contributing to the global transition to a low-carbon economy.
Our official near-term science-based targets, validated on 19th December 2024, are:
· UTAC Group commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year.
· UTAC Group commits to reduce absolute scope 3 GHG emissions from produced goods and services, capital goods and fuel- and energy-related activities 25% from a 2022 base year.
This milestone reflects our dedication to meeting the expectations of our stakeholders, who are increasingly prioritising sustainability.
With these actions, we are committed to leading by example and delivering meaningful progress toward a sustainable future.