Colt Group, comprising Colt Technology Services and Colt Data Centre Services (DCS), has committed to achieving global net zero carbon for all its own operations by 2030.
As a key player in the technology industry, this forms part of its ambitious journey to accelerate the transition to a zero-carbon economy through developing new and existing technologies.
Colt has set comprehensive, science-based emissions reduction targets approved by the Science-Based Targets Initiative (SBTi). It will reduce its Scope 1 and Scope 2 emissions by 46 percent by 2030 and work closely with suppliers to reduce Scope 3 emissions throughout its supply chain, to limit global warming to well below 2-degrees C by 2030. The move is embedded in the group’s sustainability strategy, which is core to its future business strategy.
“As a business, we understand the urgency of taking action to drive positive changes in the technology industry and take full accountability for our emissions. I am thrilled to mark this milestone and commit to science-based targets,” said Keri Gilder, CEO at Colt Technology Services. “Colt’s goal line is clear: we aim to become a market leader in sustainability by not only reducing our own emissions but also assisting our customers in their own sustainability journeys.”
The extensive targets Colt Group have set, include interim targets, demonstrating its credibility, and commitment to immediate action. These include:
- 75% renewable electricity for all sites globally by 2023
- 93% of supply chain emissions aligned to 1.5C SBT by 2025
- 38% electric vehicles in company fleet by 2025 and 75% by 2030
- 100% switch to renewable gas by 2030
Colt’s climate strategy will focus on internal carbon reductions across its operations and services. This means measuring and disclosing the group’s climate impact and reducing carbon emissions in line with what science says is needed. Any emissions the group cannot reduce, it will finance through high-integrity carbon removal offsetting.