In the realm of supply chain management, ALOM has taken a significant step towards environmental sustainability. The company’s dedication towards reducing greenhouse gas emissions has been validated by the Science Based Targets initiative (SBTi), ensuring their strategies are in line with the global objective to limit the temperature rise to 1.5°C above pre-industrial levels.
Anchoring Sustainability in Science
Kaveh Moraghebi, ALOM Senior Director of Quality and Sustainability, emphasized the company’s strategic approach, stating, “ALOM has implemented measurable greenhouse gas emission-reducing initiatives that are rooted in climate science and apply to every aspect of our business.” The company has set a robust target to curtail scope 1 and scope 2 GHG emissions by 42% by 2030 and aims to achieve a 100% reduction in scope 1, 2, and 3 emissions by 2033.
SBTi: A Global Collaboration for a Sustainable Future
The SBTi, a collaborative initiative involving global organizations like the United Nations Global Compact and the World Wide Fund for Nature, plays a pivotal role in defining and validating companies’ emission reduction targets. ALOM’s alignment with SBTi reflects its commitment to adhering to scientifically validated and globally recognized sustainability practices.
The Supply Chain: A Vital Link to Emission Reduction
Highlighting the critical role of the supply chain in emission reduction, Hannah Kain, President and CEO of ALOM, stated, “Given that close to 90% of GHG emissions result from supply chains serving companies that produce and ship physical goods, we believe our industry has an opportunity – and a responsibility – to act decisively with SBTi targets in mind.” This perspective not only reflects ALOM’s commitment but also underscores the broader responsibility of the supply chain industry in global emission reduction endeavors.
Implementing Sustainable Practices
ALOM is not merely setting targets but also adopting a multi-faceted approach to achieve them. The company has initiated various strategies, such as:
- Nearsourcing: Reducing freight transport distance to minimize emissions.
- Sustainable Procurement: Implementing environmentally responsible purchasing and packaging strategies.
- Recycling and Reuse: Adopting robust strategies to minimize waste.
- Energy Efficiency: Utilizing technology to reduce energy consumption across operations.
ALOM’s ISO 14064-1 certification ensures transparency in tracking and reporting all direct and indirect GHG emissions, and its partnership with the U.S. Environmental Protection Agency as a Green Power Partner mandates the verification of its ongoing use and GHG reduction impact of clean energy use.
Collaborative Efforts Towards Sustainability
ALOM is extending its GHG emission reduction initiatives by working collaboratively with customers and suppliers. The company provides GHG data specific to the delivery of customer programs, aiding them in achieving their own GHG reduction goals. Moreover, ALOM is partnering with suppliers that either support its environmental values or are in the process of implementing greenhouse gas reduction and measurement initiatives.
A Milestone in Sustainable Development
The verification of ALOM’s targets by SBTi is a significant milestone in its journey towards achieving its GHG emission reduction goals. The company’s ESG commitment and its 2023 ESG report can be accessed here.
In a world where every step towards sustainability counts, ALOM’s initiatives stand out as a pragmatic and well-charted course towards a sustainable future in the supply chain industry. The company’s actions, rooted deeply in scientific research and practical application, not only pave the way for its own sustainable growth but also set a noteworthy precedent for others in the industry to follow.