Global e-commerce company eBay announced today a series of new climate goals, including targets to reduce Scope 1 and 2 greenhouse gas emissions by 90% and value chain emissions, including transportation and distribution by 20% by 2030. The company also stated that its offices and data centers will become carbon neutral by the end of 2021.
eBay’s 2030 emission reduction targets have been approved by the Science Based Targets initiative (SBTi) as being in line with a 1.5°C global warming scenario. SBTi, a collaboration between CDP, World Resources Institute (WRI), the World-Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmentalEnvironmental criteria consider how a company performs as a steward of nature. target setting as a standard corporate practice, has emerged as one of the key organizations focused on aligning corporate environmentalEnvironmental criteria consider how a company performs as a steward of nature. sustainability action with the global goals of limiting climate change.
Renee Morin, Chief Sustainability Officer at eBay, said:
“At eBay, we believe we have an urgent and important responsibility to mitigate the impact of climate change. We are committed to ambitious action and the approval of our science-based target along with our accelerated carbon neutrality goal are critical to the work we are doing to have real, measurable impact.”
Alberto Carrillo Pineda, Managing Director, Science Based Targets at CDP, added:
“We congratulate eBay on setting science-based targets consistent with limiting warming to 1.5°C, the most ambitious goal of the Paris Agreement. By setting ambitious science-based targets grounded in climate science, eBay is taking action to prevent the most damaging effects of climate change.”
eBay outlined some of the key steps it has already taken towards achieving its climate goals, including reducing of overall energy use, moving electricity supply to renewable energy sources, reducted of water usage, and waste diversion. The company sourced 74% of its electricity supply from renewable energy in 2020, and earlier this year announced an agreement with Lightsource bp to source electricity from its Louisiana-based 345 megawatt solar project. eBay is aiming to power 100% of its operations with renewable energy by 2025. On the value chain front, eBay stated that it will work with its logistics providers to offer low-carbon alternatives.
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