The Clorox Company announced Tuesday new climate focused sustainability targets, which will put the company on a path to net zero emissions by 2050. By 2030, Clorox aims to reduce carbon emissions across its operations by 50% and pledges to reduce its value chain emissions from its purchased goods and services and use of sold products by 25%.
Clorox's SBTs are in line with the Paris Agreement and have been approved by the Science Based Targets initiative, a partnership that defines and promotes best practice in science-based target setting and independently assesses companies' targets.
"As a health and wellness company at heart, we recognize that the long-term well-being of future generations depends on the health of our planet," said Linda Rendle, CEO of The Clorox Company. "Taking decisive climate action is essential to protecting our planet and communities and demonstrates our commitment to our purpose – to champion people to be well and thrive. We have strong aspirations for decarbonizing our business as we accelerate our growth agenda for long-term value creation for all stakeholders."
These new targets advance Clorox's IGNITE strategy, which was introduced in 2019 to drive growth and create value for both shareholders and society. IGNITE is grounded in strategic choices and environmental, social and governance (ESG) goals focused on Clorox's strategic pillars, where the company believes it can have the greatest impact.
"We are proud to announce these ambitious new targets as part of our commitment to reducing Clorox's carbon footprint," said Ed Huber, Clorox's Chief Sustainability Officer. "When we first introduced our IGNITE strategy, we took the important step of embedding ESG goals into our choices to help ensure that our decision making, and growth plans are consistent with our low carbon vision. Today's commitments are important steps in our journey to delivering growth in a responsible and sustainable way."