Our Sustainability Plan, namely Sustaimobility 2024, includes the fight against climate change, “Infrastructure to mitigate climate change”, as one of its four strategic lines, in which the content of our ambitious climate action and emissions reduction plan is further developed.
- We promote continuous improvement
- Science Based Targets initiative
- Carbon Footprint
- Towards Carbon Neutrality: #ourwaytozero challenge!
We promote continuous improvement
TCFD is an initiative that develops voluntary recommendations on the valuation and disclosure of the financial impact of climate change, increasing the transparency on climate related risks and the opportunities to promote better informed financial decision-making. Consequently, in April 2021 we announced our support for the Task Force on Climate-Related Financial Disclosures (TCFD), committing to integrate its recommendations and to include financial impacts of climate change risks in our public management reports.
Science Based Targets initiative
At Globalvia we aspire to be a company that takes ambitious action against climate change. With this objective, in December 2020 we adhered to the SBTi initiative, committing to establish science-based objectives to reduce emissions over the coming years. This way, Globalvia helps to achieve the transition toward a low-carbon economy and to keep global temperature increase below 2ºC.
At Globalvia we are working to reduce our direct and indirect emissions, and we calculate our Carbon Footprint for scopes 1, 2 and 3 in accordance with the International GHG Protocol methodology. This calculation is the first step in our climate strategy to establish an emissions reduction plan, to identify priority action and to achieve our carbon-neutral objective.
Towards Carbon Neutrality: #ourwaytozero challenge!
At Globalvia we have committed to be Carbon Neutral by 2024. To this end, we calculate our Carbon Footprint, we reduce our emissions by promoting and implementing energy efficiency measures at our facilities and in our operations, we prioritize the use of renewable energy and we implement carbon offset programs to neutralize any emissions that we have been unable to reduce or eliminate.
In 2020, Globalvia offset 1,401 tCC2eq, approximately a fourth of our CO2 emissions in our own operations, through the United Nations Carbon Offset programs in the framework of the Climate Change Clean Development Mechanism. The chosen programs are two biomass generation plants in the area of influence of our Chilean highways.