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Yum China Gets Approval For Science-Based Targets, Plans To Achieve 63% GHG Emissions Cut By 2035 – Stocks to Watch
  • Wed. Apr 24th, 2024

Yum China Gets Approval For Science-Based Targets, Plans To Achieve 63% GHG Emissions Cut By 2035

ByRTTNews

Nov 21, 2022
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(RTTNews) – Yum China Holdings, Inc. (YUMC) Monday announced that the Science-based target’s initiative has approved its emissions reduction target. As per the plan, Yum China will reduce more than 63 percent GHG emissions by 2035 and will try for net-zero value chain GHG emissions by 2050.

Yum China is the first restaurant company in China to reach the milestone of the Science-based target’s initiative.

As per the approval, the near-term targets are a reduction of absolute Scope 1 and 2 GHG emissions 63 percent by 2035 from a 2020 base year. Further, reduce Scope 3 GHG emissions from purchased goods 66.3 percent per ton of goods purchased by 2035 from a 2020 base year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Image and article originally from www.nasdaq.com. Read the original article here.