With major assets in Hopkinsville and Christian County, Massachusetts-based power company Ascend Elements has been recognized by Science Based Target Initiative to set near-term and net-zero company-wide emissions reductions that are in line with climatology reports.
In accordance with the Paris Agreement, these targets typically show companies and financial institutions how much, and how quickly, they need to reduce greenhouse gas emissions — in order to prevent the worst effects of climate change.
Ascend Elements is currently developing these science-based targets, in order to meet for review and validation by SBTi’s technical experts.
CEO Mike O’Kronley said the plan is to make EV battery materials more sustainable, and aggressive steps are being taken to achieve net zero in their operations. Part of this process, he added, is setting science-based net zero targets that exceed the minimum requirements.
The latest reported climate science, he said, “sends a clear warning that we must dramatically curb temperature rise now to avoid catastrophic impacts for our children and grandchildren.”
This initiative is part of the United Nations’ “Race to Zero” campaign.
Meanwhile, “SBTi” is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis.
