For ComfortDelGro, Transition To Cleaner Energy Vehicles Will Be A ‘Game Changer’
For ComfortDelGro to reach its sustainability goals, the journey is as important as the destination.
“Many companies have made commitments or statements about their decarbonisation targets, but lack the details on how to get there. To us, that is not a recipe for success,” says group chief sustainability and risk officer Jonathan Jong.
Since the land transport operator launched its first sustainability report in 2015, it has set itself the difficult task of collecting data and setting realistic goals.
The result: It was one of the first transport operators in Asia-Pacific to have its greenhouse gas emissions reduction goals approved by the Science Based Targets Initiative, considered the gold standard for corporate decarbonisation targets.
In its journey to achieve net-zero emissions by 2050, it has set targets to reduce its absolute Scope 1 and 2 emissions by 54.6 per cent, and a 61.2 per cent reduction in absolute Scope 3 emissions from fuel and energy-related activities, both by 2032 and compared to a 2019 baseline.
The engine to realise these ambitions: transitioning its vehicles to cleaner energy ones.
Source: Business Times
“Many companies have made commitments or statements about their decarbonisation targets, but lack the details on how to get there. To us, that is not a recipe for success,” says group chief sustainability and risk officer Jonathan Jong.
Since the land transport operator launched its first sustainability report in 2015, it has set itself the difficult task of collecting data and setting realistic goals.
The result: It was one of the first transport operators in Asia-Pacific to have its greenhouse gas emissions reduction goals approved by the Science Based Targets Initiative, considered the gold standard for corporate decarbonisation targets.
In its journey to achieve net-zero emissions by 2050, it has set targets to reduce its absolute Scope 1 and 2 emissions by 54.6 per cent, and a 61.2 per cent reduction in absolute Scope 3 emissions from fuel and energy-related activities, both by 2032 and compared to a 2019 baseline.
The engine to realise these ambitions: transitioning its vehicles to cleaner energy ones.
Source: Business Times
Jul 29,2024