Sustainability - SQUAREMILED Insights Blog https://blog.squaremiled.com/category/sustainability/ Thinking Ahead Fri, 07 Nov 2025 09:09:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://blog.squaremiled.com/wp-content/uploads/2024/09/favicon_sqmd-53x53.png Sustainability - SQUAREMILED Insights Blog https://blog.squaremiled.com/category/sustainability/ 32 32 SBTi approves Squaremiled’s near-term science-based target: 2024 baseline, action plan, reporting https://blog.squaremiled.com/2025/11/07/sbti-approves-squaremileds-near-term-science-based-target-2024-baseline-action-plan-reporting/ https://blog.squaremiled.com/2025/11/07/sbti-approves-squaremileds-near-term-science-based-target-2024-baseline-action-plan-reporting/#respond Fri, 07 Nov 2025 09:09:52 +0000 https://blog.squaremiled.com/?p=169 Squaremiled’s near-term science-based target is approved by the SBTi. See the full wording, our 2024 GHG baseline, and the action plan to deliver.

The post SBTi approves Squaremiled’s near-term science-based target: 2024 baseline, action plan, reporting appeared first on SQUAREMILED Insights Blog.

]]>

Table of content

Overview

Squaremiled S.A. has received approval from the Science Based Targets initiative (SBTi) for our near-term science-based emissions reduction target. This aligns our climate action with the latest science and focuses on rapid, deep reductions this decade.
Ambition classification: aligned with a 1.5°C trajectory (SBTi’s most ambitious designation for SMEs).

Approved: Nov 2025

Ambition: 1.5°C-aligned

Base year: 2024

Target: −58.8% Scopes 1–2 by 2034

Scope 3: measure & reduce

Our commitment

Squaremiled S.A. commits to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 58.8% by 2034, from a 2024 base year. Squaremiled S.A. also commits to measure and reduce its Scope 3 emissions, in line with the SBTi’s SME criteria.

This approval covers our near-term target. It is not a net-zero claim and does not include carbon offsetting toward target achievement.

2024 greenhouse gas inventory (base year)

Base year: 2024 · Method: GHG Protocol · Factors: ADEME Base Carbone® (2024), IPCC 2006.

Emission ScopeDescriptionEmissions (tCO₂e)
Scope 1Direct emissions from fuel use, hybrid company vehicles, and on-site energy use (heating, maintenance)223.4
Scope 2 (location-based)Indirect emissions from purchased electricity (offices, IT infrastructures, EV charging)56.75
Total Scope 1 & 2280.15
Selected Scope 3 categoriesBusiness travel, purchased goods & services, commuting, waste≈ 6.5
Total Scope 1 – 3
≈ 286.6

How will we achieve our target ?

Electricity & Offices

  • Transitioning to 100% renewable electricity by 2030
  • Improving energy efficiency in offices and IT systems

Fleet & mobility

  • Replacing our fleet with electric and hybrid vehicles
  • Promoting paperless operations and employee engagement in sustainability actions

Resources & waste

  • Implementing waste reduction and recycling programs

Governance and reporting

Summary: Accounting & factors

GHG Protocol; ADMEME Base Carbone® (2024); IPCC 2006.

Summary: Reporting

Progress reported annually on our website / Sustainability Report.

Summary: Target reviews

Targets reviewed and revalidated every 5 years to stay aligned with SBTi criteria.

FAQ

Is this a net-zero claim ?

No. This is an SBTi-approved near-term target focused on reductions this decade.

Do offsets count toward this target?

No. The near-term target focuses on reducing our own emissions.

The post SBTi approves Squaremiled’s near-term science-based target: 2024 baseline, action plan, reporting appeared first on SQUAREMILED Insights Blog.

]]> https://blog.squaremiled.com/2025/11/07/sbti-approves-squaremileds-near-term-science-based-target-2024-baseline-action-plan-reporting/feed/ 0