Carlisle Companies Announces Commitment to Achieve Net-Zero GHG Emissions by 2050
Carlisle Companies Incorporated announced a commitment to achieve Net-Zero greenhouse gas emissions across its entire value chain by 2050. Carlisle has proposed near-term greenhouse gas reduction targets through the Science Based Targets Initiative (SBTi). Setting near-term targets is the first step to setting a long-term net-zero target with SBTi. The methods and reduction scenarios Carlisle has adopted in the near-term targets are aligned with the SBTi Net-Zero Standard.
The SBTi is a partnership among the Carbon Disclosure Project, the United Nations Global Compact, the World Resources Institute, and the World Wide Fund for Nature. It focuses on partnering with companies to help guide emission reduction initiatives using science-based targets.
Chris Koch, Chair, President and Chief Executive Officer, said, “Our announcement today of Carlisle’s commitment to achieve Net-Zero by 2050 is another significant milestone on our ESG journey. We understand the path to Net-Zero cannot happen overnight, requires substantial effort from our supply chain partners, and will also depend on significant changes to global energy infrastructure.
We continue our commitment to being a responsible environmental stakeholder, as we have for over 100 years, by delivering products that improve the energy efficiency of buildings, while reducing emissions from our manufacturing facilities and reducing the volume of construction materials in landfills. With Carlisle’s employees engaged and momentum growing, we are confident Carlisle can make a meaningful contribution to creating a more sustainable future for us all.”
About Carlisle Companies Incorporated
Carlisle Companies Incorporated (NYSE:CSL) is a leading supplier of innovative Building Envelope products and energy-efficient solutions for customers creating sustainable buildings of the future. Through its building products businesses (CCM and CWT) and family of leading brands, Carlisle delivers innovative, labor-reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Over the life of a building, Carlisle’s products help drive lower greenhouse gas emissions, improve energy savings for building owners and operators, and increase a building’s resiliency to the elements. Driven by its strategic plan, Vision 2025, Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Carlisle also is a leading provider of products to the Aerospace, Medical Technologies and General Industrial markets through its Interconnect Technologies (CIT) and Fluid Technologies (CFT) business segments.
Jim Giannakouros, CFA – Vice President of Investor Relations – firstname.lastname@example.org – (480) 781-5135
Source: Carlisle Companies Incorporated