The AMAG Group is not just aiming to drive sustainable mobility within Switzerland – it is also starting the transition to renewable mobility in-house. As part of the ecosystem, the focus is clearly on reducing CO2 at all stages in the value chain. The AMAG Group is supporting this reduction pathway towards the ambition to achieve net zero by 2040 with an SBTi near-term target.
Targeted investments for the good of our climate
To help achieve the reduction pathway target, the AMAG Group is currently developing an investment strategy to promote in-house and external climate protection projects and reduction measures. In future, the company will be investing in measures and projects to accelerate the reduction of CO2 in AMAG’s operations, processes and services. Furthermore, AMAG will also be investing in Swiss companies whose technologies and business models are aimed at decarbonising mobility, as well as in selected environmental protection projects to promote biodiversity. The investment strategy is based on the AMAG Group’s internal CO2 price, which currently comes in at 120 Swiss francs.
The Science Based Targets initiative (SBTi) is an international standard that allows companies to define climate targets in line with the latest climate science findings. This ensures that corporate climate targets make a genuine contribution to the global reduction of CO2 emissions.
The Greenhouse Gas Protocol (GHG Protocol), a partnership between the World Resources Institute and the Business Council for Sustainable Development, splits greenhouse gas emissions into three areas:
