In September this year Business in the Community Ireland (BITCI), in partnership with Price Waterhouse Coopers (PwC) Ireland, published the fifth Low Carbon Pledge (LCP) progress report. Encouragingly since 2021 we do see most signatory companies’ ambition translating into action through their commitment and setting of science-based targets, now publicly reported on the Science Based Target Initiative online dashboard (SBTi).
Transparency and authenticity have always been at the heart of our collective commitment. With COP28 well underway, where a comprehensive “global stocktake” will evaluate countries’ progress toward their emissions reduction commitments made in Paris, BITCI is now poised to conduct its own Low Carbon Pledge (LCP) stocktake.
The annual pledge survey serves as a crucial tool, allowing us to pinpoint the exact stage each signatory has reached on the path to establishing science-based targets. While this was not part of the latest report, we are providing the following update.
Presently, 50% of our signatories have successfully established and gained approval for their Science-Based Targets (SBTs) through SBTi. The current pledge mandates that all remaining signatories finalise their SBTs by December 31st, 2024. We hold optimism that ambition will translate into action, aiming for 100% of signatories to have fully set SBTs before the deadline.
In 2024, we will persist in supporting signatories through relevant peer circles and knowledge sessions. Our carbon consultant register is accessible to assist all signatories in calculating greenhouse gas emissions and establishing SBTs. Please feel free to reach out to your BITCI Advisor for any needed support in this regard.
Numerous members have highlighted the instrumental role the Pledge has already played in laying the groundwork for impending mandatory sustainability reporting requirements. At BITCI, we are challenging ourselves and embarking on research and development to usher in the Pledge’s third iteration, emphasising action over ambition and surpassing mere compliance. In this, the warmest year on record, our call to action for all our members and Pledge Signatories is to accelerate climate and nature action while we still can.
A climate/nature transition plan can help you achieve your environmental sustainability goals.
Signatory Company | Science Based Target Progress |
A&L Goodbody | Set SBTs and awaiting approval from the SBTi |
AbbVie | Fully Set, Communicated, and Disclosed SBT |
ABM Ireland (Momentum Support) | Not yet Committed |
Accenture | Fully Set, Communicated, and Disclosed SBT |
Actavo Group Ltd | Committed & Developing Target |
AIB Group plc | Fully Set, Communicated, and Disclosed SBT |
ALDI Stores Ltd | Fully Set, Communicated, and Disclosed SBT |
Allianz plc | Committed & Developing Target |
An Post | Set SBTs and awaiting approval from the SBTi |
Arup & Partners Ireland Ltd t/a Arup | Committed & Developing Target |
Aviva Ireland | Fully Set, Communicated, and Disclosed SBT |
AXA Insurance dac | Committed & Developing a Target |
Bank of Ireland Group plc | Fully Set, Communicated, and Disclosed SBT |
Bidvest Noonan | Not yet Committed |
Boots | Committed & Developing Target |
Breedon Ireland | Committed & Developing Target |
Britvic Ireland | Fully Set, Communicated, and Disclosed SBT |
BT Communications Ireland Limited | Fully Set, Communicated, and Disclosed SBT |
Cairn Homes plc | Set SBTs and awaiting approval from the SBTi |
Cisco Systems, Inc. | Fully Set, Communicated, and Disclosed SBT |
Compass Group UK & Ireland | Fully Set, Communicated, and Disclosed SBT |
Cook Medical | Not yet Committed |
Dawn Meats Group | Fully Set, Communicated, and Disclosed SBT |
Deloitte Ireland LLP | Fully Set, Communicated, and Disclosed SBT |
Depuy Synthes Johnson & Johnson | Fully Set, Communicated, and Disclosed SBT |
DHL Supply Chain IE | Fully Set, Communicated, and Disclosed SBT |
Diageo | Fully Set, Communicated, and Disclosed SBT |
Dublin Bus | Not yet Committed |
eir Ireland | Not yet Committed |
EirGrid | Fully Set, Communicated, and Disclosed SBT |
Electricity Supply Board (ESB) | Committed & Developing Target |
EY | Fully Set, Communicated, and Disclosed SBT |
Fujitsu Ireland | Fully Set, Communicated, and Disclosed SBT |
Gas Networks Ireland | Committed & Developing Target |
Glenveagh Properties plc | Set SBTs and awaiting approval from the SBTi |
Grant Thornton Ireland | Not yet Committed |
Heineken Ireland | Fully Set, Communicated, and Disclosed SBT |
Hovione Ltd | Committed & Developing a Target |
Iarnród Éireann – Irish Rail | Not yet Committed |
Irish Distillers | Committed & Developing Target |
Janssen Pharmaceutical Sciences UC | Fully Set, Communicated, and Disclosed SBT |
Johnson and Johnson Vision Care | Fully Set, Communicated, and Disclosed SBT |
KBC Bank Ireland | Committed & Developing Target |
Keelings Retail UC | Set SBTs and awaiting approval from the SBTi |
KPMG Ireland | Fully Set, Communicated, and Disclosed SBT |
KSG Catering | Committed & Developing Target |
Lidl Ireland | Fully Set, Communicated, and Disclosed SBT |
Marks and Spencer | Fully Set, Communicated, and Disclosed SBT |
Matheson | Not yet Committed |
Musgrave Group | Committed & Developing Target |
Ornua Co-operative Ltd | Committed & Developing Target |
Permanent TSB | Not yet Committed |
PM Group | Not yet Committed |
Price Waterhouse Coopers | Fully Set, Communicated, and Disclosed SBT |
RSA Insurance Ireland | Not yet Committed |
RTÉ | Not yet Committed |
Sky LTD | Fully Set, Communicated, and Disclosed SBT |
Sodexo | Fully Set, Communicated, and Disclosed SBT |
SSE | Fully Set, Communicated, and Disclosed SBT |
Stryker | Committed & Developing Target |
Tesco PLC | Set SBTs and awaiting approval from the SBTi |
Three Ireland | Fully Set, Communicated, and Disclosed SBT |
Uisce Éireann | Committed & Developing Target |
Veolia | Fully Set, Communicated, and Disclosed SBT |
Virgin Media Ireland Ltd. | Set SBTs and awaiting approval from the SBTi |
Vodafone Ireland Limited | Fully Set, Communicated, and Disclosed SBT |
William Fry | Fully Set, Communicated, and Disclosed SBT |
Yahoo EMEA Limited | Fully Set, Communicated, and Disclosed SBT |
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