Lucy Group is proud to announce that we have formally committed to the Science Based Targets initiative (SBTi), taking an important step toward aligning our decarbonisation efforts with climate science. As part of this commitment, we have pledged to set near‑ and long‑term, company‑wide emission reductions in line with science‑based net‑zero targets through the SBTi.
What This Commitment Means
By submitting our official commitment letter to the SBTi, Lucy Group has entered a two‑year window to develop and submit science‑aligned emissions reduction targets for validation. This commitment signals that:
We recognise the urgent need to limit global warming in line with the Paris Agreement.
We are taking action to measure, manage, and reduce our greenhouse gas emissions across our operations and value chain.
We are in the process of redeveloping our science‑aligned emissions reduction targets as we move toward submitting them for SBTi validation.
Why This Matters
Climate change is one of the defining challenges of our time. As a global business with a long‑term outlook, Lucy Group is committed to playing our part in the transition to a low‑carbon future. Joining the SBTi reinforces our ambition to:
- Reduce emissions in line with science
- Strengthen our sustainability strategy
- Increase transparency and accountability
- Support customers, partners, and communities in the shift to a more sustainable future.
What Happens Next
Over the next two years, we will:
- Develop detailed, science‑aligned emissions reduction targets
- Assess our full value‑chain footprint
- Engage teams across the business to embed decarbonisation into our operations
- Submit our proposed targets to the SBTi for validation.
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