Net-zero targets approved by the SBTi for Norton Rose Fulbright, Europe, Middle East and Asia

The Science Based Targets initiative (SBTi) has validated the net-zero science-based targets of Norton Rose Fulbright in Europe, Middle East and Asia (EMEA).

The near and long-term science-based emissions reduction targets for Norton Rose Fulbright in EMEA as validated by the SBTi are:

• Overall net-zero target: Norton Rose Fulbright in EMEA commits to reach net-zero greenhouse gas emissions across the value chain by 2040.
• Near-term targets: Norton Rose Fulbright in EMEA commits to reduce absolute scope 1 and 2 GHG emissions 75% by 2030 from a 2019 base year. Norton Rose Fulbright LLP also commits to reduce absolute scope 3 GHG emissions 46.2% within the same timeframe.
• Long-term targets: Norton Rose Fulbright in EMEA commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2019 base year. Norton Rose Fulbright in EMEA also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.

The SBTi is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis.

It develops standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at latest.

Norton Rose Fulbright in EMEA is also a signatory to the United Nations Global Compact and reports on its emissions in its annual LLP accounts.

Caroline May, Sustainability Partner at Norton Rose Fulbright, commented:

"Setting ambitious net-zero targets is an important commitment and is the result of the hard work undertaken by our sustainability teams across all areas of our business in our region. We look forward to delivering on those targets and participating at the forefront of best sustainability management and legal advice across our network."