Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Monday, February 06 2023 - 11:12
Hilti Group commits to SBTI and invests triple-digit million to drive sustainability End-to-End
HONG KONG, Feb. 3, 2023 /PRNewswire-AsiaNet/ --

Hilti Group commits to the Science Based Targets initiative (SBTi) in line with 
the goals of the Paris Agreement. Being a core element of its corporate 
strategy, Hilti enhances its contribution to reducing carbon emissions across 
the entire value chain.

This step tackles the emissions outside of Hilti's own operations to accelerate 
its net-zero transition and support customers on this path. To bring SBTi to 
life, Hilti will invest a triple-digit million Swiss franc amount to 
incorporate systematic changes into its own business processes and to further 
encourage the development of its partners in this regard.

Construction is the most resource-intensive industry, generating around 40 
percent of the world's carbon footprint. SBTi enables businesses to set 
ambitious targets to reduce CO2 emissions. It engages companies worldwide to 
significantly reduce their carbon footprint by 2030 and to achieve net-zero by 
2050. The SBTi is a partnership between The Carbon Disclosure Project, the 
United Nations Global Compact, the World Resources Institute and the World Wide 
Fund for Nature.

Hilti will achieve CO2-neutrality in its own operations in 2023

"Beyond our ambition to become CO2-neutral by 2023, we are also tackling 
emissions out-side of our own operations on our path to net-zero. With our 
commitment to science-based targets we will decrease emissions along the entire 
value chain. This supports our customers' sustainability initiatives and 
enables us to contribute to the much-needed transformation of our industry," 
comments Jahangir Doongaji, Hilti Group CEO.

After this commitment to SBTi, Hilti will – via an advanced action plan – 
develop and submit targets for validation within 24 months

About Hilti

The Hilti Group supplies the worldwide construction and energy industries with 
technologically leading products, systems, software and services. With about 
32,000 team members in over 120 countries the company stands for direct 
customer relationships, quality and innovation. Hilti generated annual sales of 
nearly CHF 6 billion in 2021. The headquarters of the Hilti Group have been 
located in Schaan, Liechtenstein, since its founding in 1941. The company is 
privately owned by the Martin Hilti Family Trust, which ensures its long-term 
continuity. The Hilti Group's strategic orientation is based on a caring and 
performance-oriented culture and the goals of creating enthusiastic customers 
and building a better future.

Sustainability - HILTI Hong Kong (


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