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About us - PM Group
New climate action goals
Together with 60 other businesses in Ireland, PM Group has committed to new climate action goals. We are proud to have signed up to the Business in the Community Ireland Low Carbon Pledge.
The BITCI Low Carbon Pledge commits PM Group to set carbon emissions reduction targets by 2024. It includes measuring and reducing our carbon footprint (scope 1, 2 and 3) in line with the Paris Agreement and the latest IPCC findings. The BITCI Low Carbon Pledge is part of our journey to become a carbon neutral company based on science targets.
What are science-based targets?
Science-based targets are greenhouse gas emission reduction targets that are informed by independent climate science.
These transparent targets ensure a company’s emissions are in line with the Paris Agreement on Climate Change, reached in 2015 when 195 of the world’s governments committed to prevent the worst effects of climate change by limiting average global temperature increases this century to well below two degrees Celsius.
They also agreed to pursue efforts to limit temperature increases to no more than 1.5 degrees Celsius above pre-industrial levels. Companies’ operations, and therefore emissions, take place within these countries, so setting high ambition targets at a company level helps governments and ultimately the planet to achieve this goal.
How do science-based targets differ from other sustainability targets?
They focus purely on greenhouse gas emission reduction. The targets are based on current climate science and projections of what’s known as the ‘emissions budget’ – the emissions permitted that will keep climate change within the limits set by the Paris Agreement. It means targets are led by science.