Sofas giant DFS’ programme to reduce carbon emissions has been endorsed by a leading group that defines and promotes best practice in science-based target setting.
DFS said the Science Based Targets Initiative (SBTi) has approved its short-term emissions reduction objective. The body includes organisations such as the World Resources Institute and the World Wide Fund for Nature.
In the near term, DFS intends to cut absolute Scope 1 and 2 greenhouse gas emissions by 55% by 2033. The retailer aims for 73% of Scope 3 emissions to have science-based targets by 2028 and to reach net zero by 2050.
DFS chief executive Tim Stacey said: “We are delighted that our ambitious near-term plans to reduce greenhouse gas emissions and our net-zero commitment have met the approval of SBTi’s criteria.
“Our submission has been two years in the making and we recognise that this will be a long, and sometimes challenging journey. However, as market leaders, we have an obligation to lead from the front and we are committed to our role in helping transform the furniture industry’s approach to net zero.
“We feel even more confident in our plan due to the shared ambition and strong support we’ve received from our most trusted suppliers, the majority of whom have committed to come on the journey with us. Today’s announcement validates that through the sheer determination of the DFS team, together with the openness and collaboration from our partners, we’re a step closer to minimising our environmental impact and reaching net zero by 2050.”
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