Owen Mumford commits to achieving net-zero emissions by 2045 as part of the Science-Based Targets initiative (SBTi).
FREMONT, CA: “Owen Mumford has been an innovator of medical devices for decades, and we understand the importance of leading by example when it comes to the environment and our impact as a business,” states Jarl Severn, CEO at Owen Mumford.
Owen Mumford, a global pioneer in the design, manufacture, and improvement of medical equipment, has committed to the Science-Based Targets effort to reduce greenhouse gas emissions (SBTi). The corporation has established a goal of reaching net-zero emissions by 2045 (in line with the UK's NHS objective), following the 2015 Paris Agreement's recommendations.
“Setting a science-based target with the SBTi will hold us accountable and help us to reach our net-zero targets for 2045. We hope this commitment will inspire other businesses to implement their own sustainability targets and work towards the goal of a carbon neutral future,” adds Severn.
By signing the commitment, Owen Mumford now becomes a member of the Race to Zero movement, a global collaboration of leaders committed to achieving carbon neutrality. Owen Mumford is one of the world's first medical device manufacturers to gain B Corp recognition, following the launch of its sustainability program in 2014 and a formal commitment to the United Nations' Sustainable Development Goals (SDGs). Owen Mumford has now established a science-based aim to reduce its environmental effect, with 2015 as the base year. In 2022, the organization will construct a roadmap, complete with milestones, to track progress toward targets and gauge its success. The emphasis will be on Scope 3 emissions, including products and services purchased business travel, and waste disposal.
Companies can estimate how much and how quickly they need to reduce their greenhouse gas (GHG) emissions to avoid the worst effects of climate change by using science-based targets. The Scientific Based Objectives project (SBTi) establishes science-based emission reduction targets consistent with climate science, assisting businesses in mobilizing ambitious climate action in the private sector. Over 2,000 businesses have already established aims.