Through Sandvik Group, science-based backing forms the next leap for metal-cutting expert’s climate goals.

Through the wider Sandvik Group, metal-cutting expert Sandvik Coromant has committed to near-term, companywide emission reductions in line with climate science with the Science Based Target initiative (SBTi). Aligned with the goals of the Paris Agreement and the United Nations Sustainable Development Goals (SDG), Sandvik Coromant’s own sustainable business targets have been set in line with the SBTi’s criteria as part of the organization’s commitment to reducing its greenhouse gas emissions and practicing responsible manufacturing.

Alongside the wider Sandvik group, Sandvik Coromant first committed to set targets in line with the SBTi’s criteria in December 2021, beginning a rigorous validation process during which the SBTi worked with the team to help update its targets. Now, following validation from the SBTi, Sandvik Coromant is working toward several revised sustainability goals.

The organisation is committed to reaching net-zero. When considering net-zero, greenhouse gas emissions are split into three scopes. Sandvik Coromant plans to reach net-zero for scopes one and two – which include emissions produced directly within Sandvik Coromant’s operations and those produced indirectly through heating and power – by 2035. It aims to reach net-zero for scope three emissions – those that result from activity that takes place beyond facility walls, such as the production of raw material and emissions generated through the supplier network – by 2050.

Sandvik Coromant is also working to become more than 90% circular by 2030, with its buy-back scheme for recycling used carbide tools forming an important part of its circularity strategy. The company’s third sustainable business goal relates directly to people, with a pledge for women to make up a third of Sandvik Coromant’s management team by 2030.

“Committing to science-based targets is a crucial part of our sustainability strategy,” said Patrik Eurenius, head of sustainability and EHS at Sandvik Coromant. “Recognition of the SBTi initiative has grown exponentially in recent years. When we first signed up, around 3 000 other businesses did so at the same time. Now, that figure is almost double. As more businesses wake up to the reality our planet faces and act to make a difference, validation from the SBTi will become even more vital.”

For further details contact Sandvik Coromant on TEL: 010 500 2295 or visit www.sandvik.coromant.com