new88

In October, 2021, new88 announced a new GHG reduction target for 2035 and our 2050 climate neutrality ambition. These targets reflect new88’s alignment with the goals of the Paris Agreement, and SBTi has  new88’s 2035 target as a science-based target.

new88’s “35 by 35” target is to achieve a 35 percent absolute reduction of Scope 1 and 2 emissions by 2035. The scope is all Scope 1 and Scope 2 emissions for new88 globally. new88's 2021 (baseline) Scope 1 and Scope 2 emissions were 39 MM MT CO₂e. The target for 2035 is 26 MM MT CO₂e. new88’s commitment is underpinned by strong policy and regulatory support.

Look for information on progress toward our 2035 target and 2050 ambition in our latest Sustainable Development Report in the Reporting Center.