COP 22/23 - Report - Side 45
CO2 BASELINE
REPORTED TO SBTI
HORN BASELINE: EQUIVALENT TO 470 TCO2E
HORN Baseline: Equivalent to 470 tCO2e
HORN CO2 Baseline - Scope 1&2
HORN’s CO2 minimization targets are consistent with Science Based Targets if they are considered to help meet the
Paris Agreement goal: To limit global warming to below 2°C
above pre-industrial levels and pursue efforts to limit warming
to 1.5°C.
According to Science Based Targets, HORN, as an SME,
must reduce baseline emissions by 42% by 2030 to help limit
global warming1.
SUMMARIZED MINIMIZATION STRATEGY: TOTAL MINIMIZATION 100%
Overview of total theoretical CO2 minimization towards 20302 :
HORN CO2 minimization
*Due to production expansion in 2022/23 we are waiting to see the effects of our initiatives.
Cf. the above, the ambition is to meet the requirement in connection with the financial year 2026/27. See detailed expectations for scope 1 and 2 on the following pages.
1
Emissions are not percentage in terms of growth. If HORN grows, emissions must not increase compared to our baseline year.
2
The total minimization is a theoretical calculation based on the percentage of emissions in the base year. See scope 2 section for description of transition
associated with electrification.
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