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\n Recognition from a leading global consortium on emission targets establishes TES as an industry leader committed to sustainability. <\/p>\n
TES, founded in 2005, is recognized as the world\u2019s largest provider of IT asset disposition services, with 43 facilities serving more than 100 countries.\u00a0\u00a0<\/p>\n SBTi is a collaboration of the United Nations Global Compact, World Resources Institute, World Wildlife Fund, and CDF that defines and promotes best practices in emissions reduction. SBTi aims to encourage companies to set science-based targets to reduce their greenhouse gas emissions (GHGs). More than 2,000 organizations worldwide have committed to emissions targets through SBTi\u2019s standards.\u00a0<\/p>\n TES has committed to setting near- and long-term company-wide emission reductions that meet the SBTi Net-Zero Standard at the pace and scale required by climate science. In response to the SBTi\u2019s urgent call for corporate climate action, TES will align with the targets of the Business Ambition for the 1.5\u00b0C campaign.\u00a0\u00a0<\/p>\n Verification by SBTi is important because it ensures that the company’s goals align with the latest scientific research on climate change. This means that the goals are based on the level of emissions reductions needed to limit global warming to less than 2\u00b0C, which is the target set by the Paris Agreement.\u00a0<\/p>\n The TES commitment to net-zero emissions is one of 17 Sustainable Impact Goals in its recently released 2022 Sustainability Report, titled \u201cOur Journey To Sustaining Tomorrow<\/a>.\u201d\u00a0\u00a0<\/p>\n \u201cWe are committed to Sustaining Tomorrow because we believe our future is linked to the success of people and our planet. Commitment to net zero is important for us because it demonstrates leadership in our industry and our dedication to taking action on climate change,\u201d said Alvin Piadasa, TES group sustainability director.\u00a0<\/p>\n \u201cSBTi\u2019s approval of our planned emissions targets shows our dedication to reducing our carbon footprint and mitigating the effects of climate change,\u201d Piadasa said. \u201cThis is particularly important as the world faces increasing environmental challenges and pressure to reduce greenhouse gas emissions.\u201d\u00a0<\/p>\n TES\u2019s sustainability strategy is underpinned by three principles: protect, preserve and provide. We\u202fprotect<\/strong>\u202four customers’ privacy, brand, intellectual property, and data, while working to\u202fpreserve<\/strong>\u202four natural environment and promoting the responsible usage of scarce resources and we strive to\u202fprovide<\/strong>\u202fa secure, diverse, and inclusive workplace and community where everyone can flourish. TES believes that enterprise and social progress cannot be sustained by environmental degradation and that only responsible consumption and production can sustain a better tomorrow.\u00a0<\/p>\n Research from the Carbon Trust indicates that customers\u2019 increasing expectation that companies must commit to climate action or risk losing business to competitors with stronger sustainability performances.\u00a0\u00a0<\/p>\n \u201cTaking action on environmental issues is no longer just a matter of ethics. It is crucial for survival in the business world, and corporations are waking up to the fact that sustainability and profitability can go hand in hand,\u201d Piadasa said. \u201cTES is committed to creating a roadmap to meet ambitious and necessary climate goals and will take proactive steps towards achieving them.\u201d\u00a0<\/p>\n
\n SINGAPORE, December 6, 2023 (Newswire.com)
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\n <\/strong>The Science Based Targets initiative (SBTi) has acknowledged TES<\/a> for setting a net-zero emissions target, recognizing the company\u2019s commitment to sustainability and climate action. \u00a0<\/p>\n