Page 98 • August 4, 2021 • www.constructionequipmentguide.com • CONSTRUCTION EQUIPMENT GUIDE
Volvo Commits to SBTs, Following Paris Agreement’s Carbon Reduction Pathway In a pledge to reduce its carbon impact and help meet the goals of the Paris Agreement, Volvo Construction Equipment (Volvo CE) is announcing the scope of its Science Based Targets (SBTi) commitment — to achieve netzero value chain emissions by 2040, with significant emission reductions as early as 2030. With its commitment to Science Based Targets, Volvo CE is continuing its long-time focus on environmental care and driving industry transformation to combat climate change. The target of net-zero value chain greenhouse gas emissions by 2040 is a united commitment for Volvo Group across all business areas, and is set for 10 years earlier than the SBTi commitment. This is because Volvo products have an average lifetime of 10 years in the customer use-phase, so for the entire rolling fleet to have net-zero emissions by 2050, it is necessary that all products delivered after 2040 have net-zero emissions. Volvo CE also has set its own high interim goals to be met by The target of net-zero value chain greenhouse gas emissions by 2040 is a 2030, including cutting emissions united commitment for Volvo Group across all business areas, and is set for in half in its own operations, facil- 10 years earlier than the SBTi commitment. ities and manufacturing processes, and achieving 30 percent in absolute reductions in the use pathway of embracing the three streams of electromobility: of its products, whose indirect emissions account for the battery-electric machines, hydrogen fuel-cell powered equipment and improved internal combustion engine soluhighest proportion of the company’s carbon emissions. For the construction equipment industry, the majority of tions. It also will continue its work with industry-leading emissions are those referred to as indirect emissions, in other partnerships to accelerate development of new technologies, words the emissions created when the machines are being working together with customers to bring sustainable solutions to market and collaborating with dealers and suppliers used as soon as they leave the factories. Volvo CE President Melker Jernberg said: “Climate to explore new ways of working. “New exciting technology is definitely one of the key change is real and one of the greatest challenges of our time. As a world leading manufacturer, we not only have a respon- ways to reduce carbon impact,” said Niklas Nillroth, head of sibility to reduce our carbon footprint, we also have the clear sustainability and public affairs at Volvo CE. “However, vision, determination and talents to drive this transformation another significant driver in achieving these targets will be a that is so urgently needed now. The choices we make today, new level of collaboration, internally as well as externally though partnerships. Only with joint efforts, where each and will form the world tomorrow — and we choose to act.” every one of us takes responsibility for our part with a holistic mindset, will we be able to collectively reach these imporStronger Together Volvo CE is already committed to decarbonization tant goals. Together we help build the world we want to live through its technology development and engagement in cli- in.” SBTi is a collaboration between CDP, United Nations mate change initiatives, such as the Construction Climate Challenge (CCC) and the WWF Climate Savers Program. Global Compact, World Resources Institute and World Wide With SBTi, it has another tool to make sure the reductions Fund for Nature (WWF). It helps companies establish sciare aligned with the latest climate science to reach the Paris ence-based targets to reduce greenhouse gas emissions and transform business operations to fit the future low-carbon Agreement. The company is taking a holistic approach to tackling cli- economy. For more information, visit www.volvoce.com. mate change. It will follow its tried-and-tested innovation
All Island Equipment 39 Jersey St. • West Babylon, NY 11704 631-643-2605 www.allislandequipment.com
ATS Equipment, Inc. 33 Locust Street • Boston, MA 02125 617-825-3600 487 Washington Street, Route 20 • Auburn, MA 01501 508-832-8500 51 Fall River Avenue • Rehoboth, MA 02769 508-379-6200 ww.atsequipment.com
Baschmann Services Inc. 1101 Maple Road • Elma, NY 14509 888-655-1101 www.baschmann.com
Chappell Tractor 454 Route 13 South • Milford, NH 03055 800-698-2640 251 Route 125 • Brentwood, NH 03833 800-616-5666 391 Loudon Rd. • Concord, NH 03301 800-358-6007 www.chappelltractor.com
Highway Equipment Company 615 State Route 33 • Millstone Township, NJ 08535 732-446-7600 www.highway-equipment.com
Westchester Tractor 60 International Blvd. • Brewster, NY 10509 845-278-7766 www.wtractor.com
