Etex has secured approval from the Science Based Targets initiative (SBTi) for its near-term greenhouse gas emissions reduction targets. The company commits to a 58% absolute reduction in Scope 1 and Scope 2 market-based emissions by 2032 compared to its 2019 baseline, and a 30% absolute reduction in Scope 3 emissions by 2032 compared to 2024 levels. This move formalises Etex's transition from intensity-based climate ambitions to absolute emissions reduction across its operations and value chain.
What Are Etex's Approved Emissions Targets?
The SBTi-approved targets cover three scopes of emissions. Scope 1 emissions originate from Etex's own operations. Scope 2 emissions are associated with the energy Etex purchases. Scope 3 emissions arise from activities across the value chain, including suppliers, transportation, and product end-of-life treatment.
Specifically, Etex has committed to:
Scope 1 and 2 (market-based): 58% absolute reduction in greenhouse gas emissions by 2032, measured against 2019 levels
Scope 3: 30% absolute reduction in emissions from purchased goods and services, fuel- and energy-related activities, and upstream transportation and distribution by 2032, compared to a 2024 baseline
The shift to absolute reduction is significant. Absolute targets eliminate the risk of emissions rising alongside production growth, a critical distinction for stakeholders tracking sustainability performance.
Progress Already Delivered
By the end of 2025, Etex had reduced its absolute Scope 1 and Scope 2 emissions by 34%, demonstrating substantial decarbonisation progress before formal SBTi approval.
Bernard Delvaux, CEO of Etex, commented: "This approval marks an important milestone in Etex's decarbonisation journey and reinforces the company's Road to Sustainability. By setting science-based greenhouse gas emissions targets, Etex is strengthening its approach to managing climate-related impacts and supporting customers in their own sustainability ambitions."
How Will Etex Achieve These Targets?
Christophe David, Chief Manufacturing Officer at Etex, outlined the operational focus: "What matters now is execution. For our manufacturing teams, this means accelerating actions at our sites to reduce absolute emissions, from energy use to process optimisation and material choices. In parallel, our procurement teams are working to secure renewable energy sourcing and will engage with strategic suppliers to reduce their supply-chain emissions."
The company's decarbonisation strategy spans multiple fronts: energy sourcing through renewable electricity contracts, process optimisation in manufacturing operations, supply-chain engagement with strategic suppliers, and material selection improvements.
Patrick Balemans, Chief Sustainability and CSR Officer at Etex, emphasised transparency: "This approval reflects the rigour behind our emission reduction targets. The focus now is on implementation, working closely with our teams and partners to deliver on these commitments, and transparently report progress against our targets."
Why SBTi Approval Matters
The Science Based Targets initiative provides third-party validation that targets meet the criteria set by climate science. For Etex, this approval confirms that its near-term targets represent credible, science-based commitments rather than voluntary corporate pledges without external oversight. This distinction strengthens the company's position in sustainability reporting and stakeholder engagement across its value chain.