37 Interactive entertainment’s short-term goals have been verified by SBTi

2024-07-09 19:52:46

Washington (ots/PRNewswire) Recently, 37 Interactive Entertainment’s short-term goal of reducing greenhouse gas emissions was officially confirmed by the Science Based Targets Initiative (SBTi). The company made the announcement at a special event for World Environment Day Create a green and beautiful Guangzhou together (Together create a green and beautiful Guangzhou). On July 2, the SBTi official website also released relevant information.

This is another international recognition that 37 Interactive Entertainment has gained in the field of environmental protection practices. Earlier this year, the company’s sustainability case was selected for inclusion in the Harvard Business School case collection. In the 2023 CDP Climate Questionnaire, the company was upgraded to B-, putting it above the industry average.

The short-term goals validated by SBTi for 37 Interactive Entertainment are as follows:

  • 37 Interactive Entertainment is committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 74.3% in 2027 compared to the 2019 base year.
  • 37 Interactive Entertainment has committed to increase active annual renewable electricity procurement from 0% in 2019 to 100% by 2027, and to continue active annual renewable electricity procurement at 100% until 2030.
  • 37 Interactive Entertainment has also committed to reducing absolute Scope 3 greenhouse gas emissions from purchased goods and services, capital goods and employee commuting by 50.4% by 2032, starting in the 2022 base year.

SBTi has classified the company’s Zone 1 and Zone 2 targets as being consistent with the 1.5°C target path.

Rapidly moving towards net zero, leading the industry in environmental performance

The Science Based Targets Initiative (SBTi) is a globally recognized climate protection organization. As of May 2024, more than 8,300 companies worldwide have taken action under the SBTi guidelines, including some well-known companies.

According to the latest data from SBTi, 37 Interactive Entertainment has become the 79th listed company in Greater China and the third listed company in the A-share market verified by SBTi.

From industry-leading internal carbon inventories to active participation in carbon sink trading to helping shape emissions reductions across the entire value chain, 37 Interactive Entertainment is making positive progress toward science-based goals.

Since 2019, carbon emissions from 37IE’s operations (Scope 1 and 2) have declined year on year. Compared with the 2019 base year, the company’s emissions decreased by more than 69.35% in 2023.

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Questions and contact information:

Siqi Zhou,
262796784@qq.com

1720557382
#Interactive #entertainments #shortterm #goals #verified #SBTi

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