Magic Circle firm announces new global carbon reduction targets

Firm says move underpins its “longstanding commitment to environmental sustainability”

Magic Circle firm announces new global carbon reduction targets

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.”

Most Read

“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.

Related stories

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from Australasian Lawyer.

Recent articles & video

Holding Redlich boosts tax controversy practice with EY hire

Thomson Geer helps West Cobar Metals make ASX debut with $5.5m IPO

Ashurst unveils new inclusion, diversity, and belonging targets

Keypoint Law adds practice group head from national firm to Sydney office

SPB Sydney partner leads multijurisdictional team on €1.36bn PPP project

Mishcon seniors defect to Greenberg Traurig

Most Read Articles

Australia’s fastest-growing law firms revealed

Two ascend to partnership at White & Case Australia

ACT makes historic change to sexual consent law

Keypoint Law: The “New Compact” for senior lawyers