Industrial cutting systems and software company Hypertherm wants to achieve carbon neutrality and reduce the usage impact of its products by 50% by 2030, as it looks to support the 2015 Paris Agreement goal to limit global warming to 1.5°C.
The US-based company on Tuesday (Jan 18) unveiled the commitments as part of its 2030 environmental sustainability goals that hope to reduce Hypertherm’s use of resources, the carbon impact of its global operations and the impact caused by its products.
In addition to the above targets, the company also wants to reduce waste from all its waste streams by 50% and achieve a circular economy score of B, a necessary goal to tackle climate change, biodiversity loss, pollution and waste.
At present, Hypertherm’s circular economy score is C.
On the sustainability goals, Robin Tindall, who leads Hypertherm’s Environmental Stewardship Team, said, “These four goals are the culmination of more than a year of work to develop a meaningful way to support the 2015 Paris Agreement and its goal of limiting the earth’s temperature rise to 1.5°C.”
“We are proud that this work involved input from our Associate owners, suppliers, customers, and respected international organisations. We are now ready to tackle the truly difficult work we know is necessary to achieve these goals.”
Effective immediately, Hypertherm’s new goals will replace its previously set 2020 environmental sustainability goals.
Having delivered on the previously set goals, the company’s products are now 100% recyclable and, on average, 34% more efficient. Further to this, its global logistics network is 71% more efficient, its New Hampshire waste-to-landfill rate near zero, and the carbon impact of its business is 85% lower.