Inolex to roll out its carbon reduction targets in steadfast commitment to climate action

'As a company, we always take a science-backed approach, and staking a position on climate change is no different. We are committed to doing our part in reducing emissions to create a more sustainable future and limit global warming by the 1.5°C target,' says Bradley Cook, EVP global head of manufacturing.

Audrey Wesson, director of Sustainability, adds, 'Inolex is tackling climate action in the same way we take on many other innovation, market, and sustainability challenges: engaging the industry and all our stakeholders, leveraging third-party standards and validation, and designing creative solutions to exponentiate our impact.'

The firm is focused on a near-term actionable carbon reduction roadmap that systematically involves its role, global team, and extended stakeholders. To ensure its operations are on track to become more efficient and climate-friendly, the company is engaged with SBTi and CDP as reputable frameworks for disclosing, measuring, and tracking progress.

Inolex has been disclosing to CDP on climate progress since 2022, as a measure and transparency effort in carbon management. In 2024, for the first time disclosing as a small-to-medium-sized enterprise, Inolex earned a B, the highest available score to SMEs.

This year, Inolex also received approval of its decarbonization commitment through SBTi, a corporate climate action organization that enables companies and financial institutions worldwide to properly account for their greenhouse gas emissions. Inolex anticipates receiving validation of its near-term target through SBTi to announce its specific targets later this year.

'In addition to our carbon reduction target, we're setting a target to engage suppliers to do the same, bringing our value chain along with us on the journey,' says Wesson.

'Taking climate action means we reduce the carbon footprint of our products, create more sustainable products for consumers, and help safeguard nature, animals, and communities. It's all tied together. As a firm, there's no better business case than ensuring a sustainable future.'

Source: Inolex