June 15, 2024

Synergy commits carbon neutrality through SBTi partnership

Synergy Global Housing (Synergy) has committed to the Science Based Targets initiative (SBTi) as part of its ongoing quest to be carbon neutral by 2030.

This commitment will align Synergy and SBTi as they collaborate to develop a clearly defined roadmap aimed at reducing greenhouse gas emissions. Collaborating with SBTi will ensure that Synergy’s sustainability initiatives will be aligned with the latest climate science deemed necessary to meet the goals of the Paris Agreement.

In order to achieve its validated status, Synergy will be required to create an official emissions reduction target aligned with SBTi’s criteria, present its target to the SBTi for official validation, announce its targets to its stakeholders and report on its company-wide emissions annually.

Charlotte Winter, General Manager, EMEA and co-lead of Synergy’s sustainability program said: “As we seek to reduce our scope one, two and three emissions globally, our partnership with SBTi will support us in identifying the critical areas we need to improve upon, and ensure they are meaningful from a scientific standpoint.”

Previously, Synergy partnered with sustainability software company, GreenFeet to measure and publish its carbon emissions baseline report as it tracks its progress to carbon neutrality. Synergy is due to publish its second annual report in Q3 2023.