Restore has made a commitment to accelerate its journey to Net Zero, in-line with the objectives set out in the 2015 Paris Accord, and the Group has stated its goal to become a Net Zero organisation by 2050.
We will achieve Net Zero by reducing absolute Scope 1, 2, and 3 emissions by 90%, from a 2022 baseline, by the following target years:
- Scope 1 and 2: 2035
- Scope 3: 2050
These long-term commitments are supported by the following near-term targets:
- to reduce Scope 1 and 2 emissions by at least 50% by 2030
- to ensure that by 2030, suppliers covering 70% of emissions from Purchased Goods and Services have set net zero targets aligned with a 1.5°C pathway.
- to reduce Scope 3 emissions by 42% by 2030
To deliver the necessary carbon reductions over the relevant time horizons and across both our internal operations and wider value chain, we will deploy initiatives across three areas:
- Measurement, data quality, and target setting
- Education, engagement, and communications
- Key decarbonisation initiatives and policies