Suzano Joins Global Initiatives to Drive Decarbonization of the World Economy
September 14 2021 - 1:12PM
Business Wire
The company joins Business Ambition for
1.5°C and the Science Based Target Initiative (SBTi)
Suzano, the world's leading eucalyptus pulp and paper producer
and a global benchmark in the manufacture of bioproducts developed
from eucalyptus, has joined the ‘Business Ambition for 1.5°C’
campaign and the ‘Science Based Target Initiative’ (SBTi), a
movement that seeks to promote the reduction of greenhouse gas
emissions and resulting transition to a low-carbon economy. By
joining these initiatives, Suzano is also taking part in the United
Nations-supported “Race to Zero” campaign, which rallies for a zero
carbon recovery.
“It is fantastic to see Suzano joining the Race to Zero
Campaign. They have shown true leadership in understanding how the
forestry sector can contribute to our global effort of combatting
climate change. We are proud to have Suzano as a partner that will
engage with other companies and governments to achieve our unified
1.5C target,” says Gonzalo Muñoz, COP26 High-Level Climate
Champion.
Suzano has already made voluntary commitments to reduce its
emissions and expand its efforts to remove greenhouse gases from
the atmosphere, which make up the “Commitments to Renew Life”, a
set of 14 long-term public goals established by Suzano.
In addition to these, Suzano will establish goals aligned with
the SBTI’s 1.5°C emission reduction target scenarios within the
next two years, as stipulated by the initiative, covering both
their own emissions and value chain emissions.
The company will also engage with other actors in supporting
SBTi to promote the improvement of methodologies related to the
planted forest, pulp and paper sector.
“We are developing new products from planted trees that can
replace materials derived from fossil fuel sources and our efforts
are already contributing directly to the capture of carbon from the
atmosphere. But we want to go further. By joining the Business
Ambition for 1.5°C campaign, the SBTi and the 'Race to Zero'
campaigns, we will work to bring together more actors, whether from
the private sector or the public sphere, to discuss and agree how
we can move towards a low carbon economy,” says Walter Schalka, CEO
of Suzano.
Suzano is committed to further expanding its ambitions and the
speed of its decarbonization journey. To this end, Suzano will
continue to invest in various initiatives such as product
innovation, reductions in fossil fuel consumption, and renewable
energy.
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version on businesswire.com: https://www.businesswire.com/news/home/20210914005992/en/
Suzano André Magnabosco amagnabosco@suzano.com.br
Hawthorn Advisors Lorna Cobbett / Zinka MacHale
suzano@hawthornadvisors.com
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