The Malcolm Group gains approved near and long-term science-based emissions reduction targets with the SBTi.

The SBTi has verified The Malcolm Group’s net-zero science-based target by FY2046, highlighting our continued commitment towards the climate emergency. This recognition demonstrated that The Malcolm Group’s climate related targets are aligned with climate science.

The Science Based Targets initiative (SBTi) is a corporate climate action organisation that enables companies and financial institutions worldwide to play their part in combatting the climate crisis. The SBTi develop standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at latest.

Andrew Malcolm, Chief Executive Officer (CEO) of The Malcolm Group, commented:  

‘Sustainable business practices have been at the core of our one hundred years history – putting our people at the heart, building successful partnerships for longevity, and looking at new innovative ways to reduce our carbon footprint. Having our science-based net-zero target validated by the SBTi, further enhances our long-term commitments.  At The Malcolm Group, our ethos has been and will always be ‘Practical Solutions, Successful Partnerships’. Our solutions remain ambitious yet realistic; our results establish long lasting and collaborative partnerships. We will drive this throughout our continued journey.’

John McGrory, Group Environmental and Sustainability Director of The Malcolm Group, commented:

‘Having our targets aligned with the Science Based Targets initiative (SBTi) Net-Zero Standard ensures our approach remains focused and transparent. We recognise the need for urgent climate action towards the climate emergency and aim to support this, alongside many other corporations through ambitious corporate decarbonisation.

Whilst we are proud to achieve this validation, we recognise the need to progress and continually improve and look forward to the challenges and subsequent opportunities they bring as we continue our journey’.