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Frazer-Nash commits to the Science Based Targets Initiative

29/03/2021
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Frazer-Nash has joined a growing group of leading companies that are demonstrating the highest level of ambition on climate and paving the way to a net-zero future.

As part of its commitment to a net zero carbon future, Frazer-Nash, has signed a letter of agreement with the Science Based Targets Initiative (SBTi), to reduce its business greenhouse gas emissions in line with limiting global warming to 1.5°C.

The SBTi provides companies with a clearly-defined path to reduce emissions in line with the Paris Agreement goals.

Speaking on the company’s commitment, Frazer-Nash Managing Director, Neil McDougall said:

“By signing up to this initiative, we join more than a thousand businesses around the world in making a public commitment to reduce our emissions based on climate science. We are also making an important statement about our commitment to our company values and our purpose, of helping organisations deliver innovative engineering and technology solutions to make lives safe, secure, sustainable and affordable.

“Our next step will be to establish our baseline, set a target and develop a decarbonisation plan that will ensure we deliver on our commitment.

“We have joined a growing group of leading companies that are demonstrating the highest level of ambition on climate and paving the way to a net-zero future. I know that my colleagues are invested in meeting this challenge; and are well positioned to work alongside clients that may wish to embrace lower carbon solutions as part of the support we provide."

About the Science Based Targets initiative (SBTi)

The SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).

It defines and promotes best practice in science-based target setting and independently assesses companies’ targets. More than 1,000 businesses in different sectors are working with the SBTi to reduce their emissions in line with climate science.

Visit the Science Based Targets website

Paris Agreement goals

The Paris Agreement is a legally binding international treaty on climate change. It was adopted by 196 parties at COP 21 in Paris, on 12 December 2015 and entered into force on 4 November 2016.

Its goal is to limit global warming to well below 2, preferably to 1.5 degrees Celsius, compared to pre-industrial levels.

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