Primary Climate Goal
Williams-Sonoma Inc's target annual Scope 1 + 2 emissions for 2030 should be equal to 46 Kt = 50% * 92 Kt, according to the company's stated climate goal.
In order to achieve this goal, Williams-Sonoma Inc would need to reduce its emissions at least by -3.1 Kt per annum over the period from 2021 to 2030:
-3.1 Kt = ( 46 Kt - 77 Kt ) / (2030 - 2020)
This translates into a -4% reduction in 2021.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Williams-Sonoma Inc aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Williams-Sonoma Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 77 Kt (-15 /-16.5% y-o-y). Also positively, carbon intensity decreased to 11 t (-4.3 /-27.4% y-o-y).
Williams-Sonoma Inc reported Scope 3 emissions for the the twelve months ending31 December 2020 at 3,443
The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -3.1 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.
Williams-Sonoma Inc aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2025. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.