Springer Nature's Net-Zero Targets Validated

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by KnowESG
KnowESG_Springer Nature's Net-Zero Targets Validated
Image courtesy of https://sciencebasedtargets.org/

Springer Nature Group, a prominent global research publisher, has unveiled a compelling supplement to their 2022 Sustainable Business report.

This supplementary report serves as confirmation that their net-zero science-based targets have received verification from the Science-Based Targets initiative (SBTi).

Furthermore, it offers valuable insight into the intricate realm of scope 3 emissions. Together, these revelations chart a clear course for the company to achieve net-zero emissions by the year 2040.

The set targets represent a bold commitment to reducing emissions, aligning with the stringent criteria laid out by the SBTi. These commitments encompass a substantial 54.6% reduction in emissions within scope 1 and 2 by 2032, accompanied by a 32.5% reduction in scope 3 emissions. Looking towards the long-term horizon, the Group aims to achieve an impressive 90% reduction in emissions across all scopes by the year 2040.

Springer Nature Group has initiated a series of concrete actions to pave the way towards net zero. These actions encompass an ongoing shift towards digital content delivery, policy revisions relating to travel, and collaborative efforts with suppliers to pursue common environmental goals.

The establishment of these targets constitutes a pivotal component of Springer Nature Group's overarching net-zero strategy. They have already made substantial progress in curbing scope 1 and 2 emissions, notably achieving carbon neutrality for their offices, warehouses, fleet, and flights since 2020 through the procurement of high-quality carbon offsets. Demonstrating their commitment to environmental stewardship, they were also the pioneering publisher in 2021 to endorse "The Climate Pledge," a commitment to achieving net-zero emissions by 2040.

Thea Sherer, Director of Sustainability and Climate Action Officer at Springer Nature Group, expressed her thoughts on this significant development, stating: "As a trusted research publisher, we actively contribute to the dissemination of cutting-edge climate research to combat climate change. Since 2015, we have published over 60,000 articles and book chapters on climate action.

"Nevertheless, we recognise our responsibility as a global business to reduce our carbon footprint. The validation of our targets by SBTi marks a pivotal milestone as we strive to meet the needs of our customers while minimising our environmental impact. Aligning with scientific guidance is integral to our ethos, and we eagerly anticipate translating the research we publish into tangible action as we progress towards achieving net zero by 2040."

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Source: Springer Nature

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