Orkla.com News Business mobilisation to achieve the 1.5C climate target Business mobilisation to achieve the 1.5C climate target Orkla is backing a global campaign aimed at mobilising business and industry to set climate targets aligned with the 1.5ºC target. 2019-11-29 Joining a multitude of international companies, Orkla is stepping up to support the UN Global Compact campaign, “Business Ambition for 1.5°C: Our Only Future”. The aim is to mobilise businesses to raise their climate ambitions ahead of the annual UN Climate Change Conference to be held in Madrid from 2 to 13 December 2019. “There is an urgent need to find solutions to climate change challenges. Orkla has therefore set science-based climate targets and will take its share of responsibility for limiting global temperature rise to a maximum of 1.5 degrees,” says Jaan Ivar Semlitsch, President & CEO at Orkla. The international Science Based Targets initiative (SBTi) has validated Orkla’s climate targets, which are a 63% reduction in greenhouse gas emissions by 2025 and a 77% reduction by 2040. “Business play a crucial role in achieving the sustainability goals. It is therefore inspiring to see so many companies boldly raising their ambitions. Orkla is one of several leading companies that are already proving that 1.5ºC-compliant climate targets are possible. Orkla has set an example for others to follow.” said Kim Gabrielli, Director of the UN Global Compact in Norway. Read more about the “Business Ambition for 1.5°C: Our Only Future” campaign here: https://www.unglobalcompact.org/take-action/events/climate-action-summit-2019/business-ambition Orkla’s climate work: All Orkla companies and factories work purposefully to cut their energy and water consumption, optimise resource use and reduce food waste. Sustainable innovation is high on the agenda at Orkla, which is launching plant-based alternatives to meat and a variety of products with a reduced environmental footprint. Orkla has cut its greenhouse gas emissions by 54 per cent in the last five years. This reduction is in absolute figures, i.e. they have not been adjusted for increased turnover. All the electricity Orkla uses in Europe is renewable. Through our own hydropower operations, Hydro Power, we produce five times as much renewable electricity as we use. To document renewable electricity, Orkla buys Guarantees of Origin linked to its own hydropower plants. Orkla also takes responsibility for the climate impact of its value chain by taking action targeting the production of raw materials, with the goal of reducing indirect greenhouse gas emissions by around 30% by 2025 and 77% by 2040. Share print Created with Sketch. Contacts Elisabeth Aandstad Ekheim Director, Corporate Communication +47 924 460 60 elisabeth.aandstad.ekheim@orkla.no Ellen Behrens Sustainability Director +47 92 80 45 80 ellen.behrens@orkla.no logo-without-payoff Created with Sketch. About Orkla Contact Personal privacy Disclaimer About the use of cookies and personal data Our website places information capsules (cookies) on your device if you have consented to the storage of cookies in your browser settings. Information capsules are used to improve the website, for analysis purposes and for interest-based advertising. Read more about Orkla’s treatment of personal data, including right of access. © 2021 Orkla. All rights reserved We use cookies on our website to optimise your browsing experience. If you have accepted the settings in your web browser, we will use the cookie information to analyse how our visitors use our website and select advertising based on their interests. You can read more about our use of cookies by clicking on "Cookie settings" below about how to delete or block cookies. Accept All Cookies Cookies Settings