As of 2026, IOLCP has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into IOLCP's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -10%a | 2026 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -35%a | 2033 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -59%a | 2033 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -40%a | 2033 |
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As of 2026, IOLCP has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
As of 2026, IOLCP has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
IOLCP's most ambitious operational target is to reduce these emissions by 58.8% by 2033, compared to a baseline of 29,920.45 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a
Instead of reducing operational emissions, IOLCP has increased them, with 2026 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target.a
As of 2026, IOLCP has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
IOLCP's most ambitious value chain target is to reduce these emissions by 35% by 2033, compared to a baseline of 124,010 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a
As of 2026, IOLCP is ahead of schedule on its value chain emissions reduction target, having achieved 88.66% of the planned reduction.a