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Wilmar International Secures SBTi Validation for Emission Reduction Targets

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Wilmar International Secures SBTi Validation for Emission Reduction Targets

An announcement from Wilmar International ( (SG:F34) ) is now available.

Wilmar International has achieved validation from the Science Based Targets initiative (SBTi) for its near- and long-term emissions reduction targets, demonstrating its commitment to climate action. The company aims to reduce its Scope 1 and 2 emissions by 50.4% by 2032 and achieve a 90% reduction by 2050, while also targeting a 30% reduction in Scope 3 emissions by 2032 and a 90% reduction by 2050, highlighting its dedication to sustainability and encouraging industry peers to follow suit.

More about Wilmar International

Wilmar International Limited is a leading global agribusiness company primarily focused on the production and distribution of agricultural commodities. The company is engaged in the processing, merchandising, and distribution of palm oil, laurics, and other related products, with a strong emphasis on integrating sustainability into its operations.

YTD Price Performance: 5.73%

Average Trading Volume: 72,734

Technical Sentiment Signal: Hold

Current Market Cap: $15.55B

For an in-depth examination of F34 stock, go to TipRanks’ Stock Analysis page.

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