Thorlux has 2040 net-zero goals officially validated

Thorlux Lighting, as part of FW Thorpe Plc, has had its net-zero target validated by the Science Based Targets initiative (SBTi) under the Net-Zero Standard.

In 2023, FW Thorpe Plc announced its ambitious climate target to achieve net-zero emissions by 2040 and set credible and robust science-based targets.

The SBTi has validated that FW Thorpe Plc's science-based greenhouse gas emissions reduction targets conform to the SBTi Corporate Net Zero Standard. The standard includes the guidance, criteria, and recommendations companies need to set science-based net-zero targets consistent with limiting global temperature rise to 1.5°C.

FW Thorpe Plc will report the progress against the published targets on an annual basis along with its companywide GHG emissions inventory.

Overall Net Zero Target:

FW Thorpe Plc commits to reach net-zero greenhouse gas emissions across the value chain by FY2040.

Near-Term Targets:

• FW Thorpe Plc commits to reduce absolute scope 1 and 2 GHG emissions 57.5% by FY2030 from a FY2021 base year.
• FW Thorpe Plc also commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe.

Long-Term Targets:

• FW Thorpe Plc commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2040 from a FY2021 base year.
• FW Thorpe Plc commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.

For more information, visit: https://sciencebasedtargets.org/companies-taking-action