Kimberly-Clark aims to reduce Scope 1 & 2 GHG emissions by 50% by 2030

July 22, 2022 - United States Of America

Consistent with the world's enhanced climate action commitments coming out of COP26, Kimberly-Clark Corporation has made progress against ambitious targets approved by the Science Based Targets initiative (SBTi) for reducing our Scope 1 and 2 greenhouse gas (GHG) emissions by 50 per cent and Scope 3 emissions by 20 per cent – all by 2030.

As of the end of 2021, Kimberly-Clark achieved nearly a 41 per cent reduction in operational emissions (Scope 1 and 2) versus our 2015 base year. For Scope 3 GHG emissions, we achieved a 6.3 per cent GHG emissions reduction from a 2015 base year, with a focus on purchased goods and services and end-of-life treatment of sold products.

The company published its annual report on sustainability, including an update on the company's progress toward its 2030 sustainability strategy and goals, aimed at addressing the social and environmental challenges of the next decade with goals to improve the lives and well-being of 1 billion people in underserved communities around the world and reducing its environmental footprint.

"As Kimberly-Clark continues to grow our business, caring for our people, consumers, customers, partners and communities remains front and centre," said Mike Hsu, chairman and CEO, Kimberly-Clark. "From our commitment to climate stewardship and our efforts to develop more sustainable solutions for our product portfolio to our focus on inclusion and diversity and our ambition to advance the well-being of 1 billion people around the world, we'll continue to drive positive impact as we create long-term value for our shareholders. That's how we deliver Better Care for a Better World."

"Our purpose of Better Care for a Better World is our call to action, challenging us to help billions of people through greater access to life's daily essentials while building on our past successes, scaling our use of efficient new technologies, and delivering solutions that address the challenges facing our planet in the decade ahead," said Lisa Morden, vice president of safety, sustainability and occupational health, Kimberly-Clark. "We will remain steadfast in our efforts to reach our goals because we believe it's the best way to care for the people we serve, it's the right thing to do for our planet, and it helps us deliver on our purpose."

In addition to the report, the company has provided enhanced ESG-related content on its website in order to provide more primary information about its overall strategy, progress and achievements, and make it easier for stakeholders to find the information that is most relevant to them.

"As its reporting format continues to evolve, Kimberly-Clark's commitment to acting with care for people, communities, and the planet remains resolute," added Morden. "In addition, maintaining transparency in our ESG disclosures in order to engender the trust of our investors, customers, consumers, employees, local communities, and other stakeholders remains paramount."