Valtech chose to have our targets validated by the SBTi as it is widely considered the global leader in target setting, demanding a high level of rigour and ambition. It is important to Valtech that we hold ourselves publicly accountable as we progress on our emissions journey, as well as ensuring that our targets align to climate science. In accordance with the SBTi’s Corporate Net-Zero Standard, the emissions that remain after we have reduced by 90% and 97% per employee respectively will be neutralized through certified carbon removal or storage solutions.
As Olivier Padiou, Valtech CEO, emphasizes:
There is a huge challenge in front of us as human beings, as we all know, and things need to change. As a large and growing organization, we see it as our responsibility at Valtech to take action – and to encourage a ripple effect amongst our employees, clients, partners and wider sphere of influence.
In this hybrid era, where employees spend some of their time working from home, Valtech is taking a comprehensive approach. Kirstin Howard, Valtech’s Global Sustainability Director explains:
We have included working from home and overnight stays as optional Scope 3 targets within our SBTi commitments, with the same targeted reductions. We decided it was important to include those emissions, as they are a vital part of how Valtech operates as a business, and this reflects today’s way of working.
Our employees play a key role in our Sustainability efforts. We conduct an annual Global Emissions Survey to measure our progress and capture their feedback on Sustainability initiatives. This year, one Valtechie said:
I'm so pleased to be part of a company that takes this responsibility seriously.
and another commented:
I identify with Valtech's position, I hope that all companies and individuals follow their example.
We are proud of what we have achieved so far in Sustainability, but there is no room for complacency. We know there is still much more to do and our SBTi targets will help us keep the laser focus required.
