In 2022, Marimekko committed to the Science Based Targets initiative (SBTi) to set science-based emissions reduction targets. Marimekko aims to deliver its greenhouse gas emission reduction targets for SBTi for validation by August 2024 at the latest, as planned. The publication of these targets will follow STBi’s review and approval process.
Marimekko published ambitious targets for greenhouse gas emission reductions in 2020. With the commitment to the Science Based Targets initiative, the company will establish even more determined targets for emission reductions throughout its value chain, aligning with the UN Paris Climate Agreement. The Paris Climate Agreement aims to limit global warming to well below 2 degrees Celsius relative to pre-industrial levels and pursue efforts to limit warming below 1.5 degrees Celsius.
“Science-based emission reduction targets are an important tool in reaching our long-term ambition of leaving no burden for the coming generations,” tells Riika Wikberg, Chief Business Development Officer at Marimekko.
Emission calculation helps in targeting reduction measures
Since 2019, Marimekko has been calculating its carbon footprint to identify the most significant emission sources in its value chain. The calculation has now been refined in alignment with the requirements of the Science Based Targets initiative. Marimekko has calculated, for example, its value chain’s land-use-related emissions according to the new guidance of the GHG Protocol.
“The more accurately we identify emission sources, the more effectively we can reduce our emissions. Based on emission calculations, we have modeled the future development of our emissions and constructed a roadmap that includes the emission reduction measures we have identified. Over the past few years, we have worked to enhance the use of organic and recycled materials in our products, while also promoting processes and services in line with the principles of the circular economy,” Wikberg continues.
Marimekko’s design philosophy and operations have always been based on sustainable thinking and continuously improving sustainability has been part of Marimekko employees’ daily work for years. During the current strategy period of 2023–2027, sustainability is one of the five strategic success factors: Marimekko believes that determined sustainability efforts strongly support Marimekko’s long-term success.
The Science Based Target Initiative is a collaboration between WWF (the World Wide Fund for Nature), CDP (Carbon Disclosure Project), WRI (World Resources Institute) and United Nations Global Compact. The aim of the initiative is for science-based emissions reductions to become a guiding principle for business activities.
