ENERGY CONSERVATION SETTING SCIENCE-BASED EMISSIONS TARGETS
A major step we took in early 2021 was joining the science-based target initiative (SBTi) and committing to setting a science-based emissions reduction target by early 2023. The move enables Advance to do our part in tackling global warming while also differentiating ourselves in the transition to a low-carbon economy. Our emissions strategy includes everything from the procurement of energy to how we use our energy to ways we optimize routing and logistics across our supply chain and vehicle fleet. As we take on this important goal-setting work, our environmental team continues to work to stay ahead of the environmental sustainability curve in each of these areas. We made meaningful progress in lowering our overall energy consumption, which helped to reduce our scope 1 and scope 2 emissions by approximately 15 percent in 2020, as compared with the year prior. In addition, during 2021, we began assessing our scope 3 emissions and ways we can work with our suppliers to reduce scope 3 emissions across our value chain.
SCOPE 1 & SCOPE 2 REDUCTION APPROXIMATELY 15% REDUCTION BASED ON INTENSITY FIGURE AS THE METRIC
AAP TOTAL EMISSION ESTIMATE BASED ON 2021 CDP SUBMISSION
3.5% Scope 1 4.0% Scope 2 92.5% Scope 3
In 2021, we received the above average “B” score in the global nonprofit CDP’s annual climate change report.
Scope 1, 2 and 3 are used to categorize the different kinds of carbon emissions a company emits within its own operation as well generation of purchased energy and other indirect emissions that occur in the value chain, both upstream and downstream. Our scope 3 emissions are based on a global assessment calculated for our SBTi submission and is currently being reviewed by SBTi.
2021 ADVANCE AUTO PARTS CORPORATE SUSTAINABILITY AND SOCIAL REPORT | 41
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