EDENRED (FR:EDEN) has released an update.
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Edenred, a leader in digital services and payments, has received validation from the Science Based Targets initiative (SBTi) for its carbon emission reduction goals, aiming to align with the Paris Agreement’s objective to limit global warming to +1.5°C. The company plans to cut scope 1 and 2 emissions by 51.4% by 2030 and 90% by 2050, with scope 3 emissions to be reduced by 55% per million EUR value added by 2030 and 97% by 2050, from a 2019 baseline. These targets are supported by a comprehensive plan addressing energy use, IT infrastructure, sustainable procurement, and supplier ethics, alongside offering eco-services to clients to aid their sustainable transitions.
For further insights into FR:EDEN stock, check out TipRanks’ Stock Analysis page.
