Cardo becomes first company in Israel to set science-based target
Cardo Systems, acquired by EMK Capital in 2021, has become the first company in Israel to set a science-based target (SBT) and have it validated by the Science-Based Target initiative (SBTi), ensuring that its low-carbon transformation is aligned with climate science.
Cardo Systems Ltd. has committed to reduce scope 1 and scope 2 GHG emissions 38% by 2030 from a 2021 base year, and to measure and reduce its scope 3 emissions.
Globally, more than 3,000 businesses and financial institutions are working with the Science Based Targets initiative (SBTi) to reduce their emissions in line with climate science.