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SMC Achieves SBTi 'Net-Zero' Certification for Entire Value Chain

NQ Score 84/100

AI Summary (NQ-processed)

SMC Corporation has received certification from the Science Based Targets initiative (SBTi) for its long-term net-zero goals, covering Scopes 1, 2, and 3 by 2050.

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Frequently Asked Questions

Q: When does SMC aim to reach net-zero?
A: The goal is to achieve net-zero for Scopes 1 and 2 by FY2040, and Scope 3 by FY2050.
Q: What is the SBT initiative (SBTi)?
A: It is an international body that encourages companies to set science-based greenhouse gas reduction targets in line with the Paris Agreement.