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Hilti's Ambitious Climate Targets Validated by SBTi
Schaan (FL), November 26, 2024 – On its journey to significantly reduce CO₂ emissions, the Hilti Group’s ambitious sustainability goals have been validated by the Science Based Targets initiative (SBTi). This milestone underscores Hilti’s commitment to environmental responsibility.
Hilti committed to the SBTi in 2022 to achieve net-zero greenhouse gas emissions across its value chain by 2050. The company has set a near-term target of reducing 50 percent of its Scope 1 and 2 emissions, and 30 percent of its Scope 3 emissions by 2032. These targets have now been validated by the SBTi.
Hilti has initiated a sustainability program to reduce CO₂ emissions across the company’s entire value chain. Its focus is threefold: Creating data transparency on CO₂ emissions to enable data-driven decisions; implementing circular principles in product design, focusing on value engineering to use less material for the same applications; and converting to more sustainable options where possible, e.g., material sourcing, car fleet, and product technologies. Hilti plans to invest a triple-digit million Swiss franc amount in the coming years.
"The construction industry needs sustainable practices. We aim to be our customers’ best partner for sustainability, not only with the solutions we offer, but also with how we operate," comments CEO Jahangir Doongaji. “This challenge requires collaboration across our entire value chain.”
Hilti reports its environmental performance in its annual Sustainability Report.