Press Release
April 25th, 2024
DECATHLON's Near-Term and Net-Zero Targets Validated by the SBTi
DECATHLON is proud to announce that our ambitious Greenhouse Gas (GHG) reduction targets have been officially validated by the Science Based Targets initiative (SBTi).
The SBTi's assessment evaluated DECATHLON's scope 1, 2, and 3 near-term and long-term target ambitions and we are pleased to share that our targets are aligned with a 1.5°C trajectory, representing one of the most ambitious designations available through the SBTi process.
Near-Term Science-Based Targets (2030)
DECATHLON commits to reducing absolute scope 1, 2, and 3 GHG induced emissions by 42% by 2030 from our 2021 base year.
Long-Term Science-Based Targets (2050)
In accordance with the SBTi Corporate Net Zero Standard, DECATHLON pledges to achieve net-zero greenhouse gas emissions across our value chain by 2050. By this time, DECATHLON aims to reduce absolute CO2 eq. emissions by 90% from the 2021 base year prioritising direct emissions reduction and neutralising all residual emissions in line with SBTi criteria before reaching net-zero emissions.
Those commitments have been recognized and approved by the SBTi based on their Criteria version 5.1 that specifies that certain emissions, such as avoided emissions and emissions offset by carbon credits, should not be considered as valid reductions. Therefore, these emissions are not included in our target calculations.
Clémence Petillion, DECATHLON’s Climate Trajectory Manager: ”DECATHLON's climate ambitions are now taking on a new dimension. DECATHLON is committed to reducing its emissions in absolute terms over an unprecedented period of time.”
Arnaud Fossard, DECATHLON’s Climate Impact Leader:“Our commitment to drastically reduce our emissions in absolute terms shows our willingness, as a company, to do our fair share of decarbonization to limit the impact of climate change.”
For more information, please visit our website here: https://sustainability.decathlon.com/what-action-plan-is-needed-to-reduce-absolute-co2-eq-emissions
ABOUT THE SCIENCE BASED TARGETS INITIATIVE
The Science Based Targets initiative (SBTi) is a corporate climate action organisation that enables companies and financial institutions worldwide to play their part in combating the climate crisis. We develop standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at latest. The SBTi is incorporated as a charity, with a subsidiary which will host our target validation services. Our partners are CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF).www.sciencebasedtargets.org
@sciencetargets
ABOUT DECATHLON
A global multi-specialist sports brand catering for everyone from beginners to top athletes, DECATHLON is an innovative manufacturer of sporting goods for all skill levels. With 101,000 teammates and 1,750 stores worldwide, DECATHLON and its teams have been working ever since 1976 to fulfil an ongoing ambition: Move people through the wonders of sport, to help them be healthier and happier in a sustainable future.
MEDIA CONTACTS
Olivier Pedro Jose - Global head of Media and Public Relations
Rafaële Deguéhégny - Sustainability PR Manager