Armacell, a provider of flexible foam for the equipment insulation market and engineered foams, has released its climate action plan.
According to the company, Armacell's vision and focus is to continuously develop and market products that enable decarbonisation and thus reduce climate-harmful emissions. Armacell is also working to quantify the positive lifetime impact of its main products in avoiding emissions in industrial, commercial and residential applications. At the same time, the company says it fully recognises the need to decarbonise its own operations and across its value chain.
An in-depth study by internal and external experts shows that Armacell can achieve a 63% reduction in Scope 1 & 2 direct and indirect emissions by 2035 compared to the 2024 baseline. This absolute target is aligned with the 1.5°C trajectory of the Paris Agreement and corporate decarbonisation guidelines.
Armacell's decarbonisation roadmap also aims to achieve a 30% reduction in Scope 3 indirect emissions by 2035 from the 2024 baseline, mainly focusing on greater material efficiency, increased use of sustainable materials and enhanced supplier engagement.
"Our company's value proposition is rooted in driving energy efficiency through energy-saving solutions for technical equipment," said Laurent Musy, Armacell's President and CEO. "What's more, the use of our products in various industries and applications significantly avoids climate-harmful emissions. I'm proud to announce that we've now defined our own ambitious as well as specific and grounded emission-reduction targets based on our medium-term climate strategy."
