Firm says move underpins its “longstanding commitment to environmental sustainability”
Linklaters has announced new global carbon reduction targets in a move that it says underpins its “longstanding commitment to environmental sustainability.”
The Magic Circle firm committed to reducing its “Scope 1 & 2” emissions (primarily energy) by 70% by 2030, and “Scope 3” emissions (primarily purchased goods/services and travel) by 50%, also by 2030.
In a statement, the firm said the new targets “are grounded in climate science and approved by the Science Based Targets initiative, a collaboration between CDP, World Resources Institute, the World Wide Fund for Nature (WWF), and the United Nations Global Compact, supporting the Paris Agreement on climate change, aiming to limit global warming to 1.5 degrees Celsius.”
“Responsibility and sustainability are at the heart of how we operate as a business and it is important that we are accountable to this commitment,” said Matt Sparkes, global head of sustainability at Linklaters. “Our new science-based targets will underpin our climate ambition and action as we continue to identify new and innovative ways to reduce our emissions, including embracing learnings from the COVID-19 pandemic and shifts in behaviour.”
Sparkes added that its carbon reduction goals “represent leading targets for the sector and reflect our continued leadership in environmental management – both in operations and client service.”
“We know that there is much more to be done on a global scale and we are fully committed to playing our part in reducing the impact of climate change and driving sustainable growth,” Sparkes concluded.