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Our parent company, AS Watson Group, has had its science-based targets validated by the SBTi as aligned with a 1.5°C trajectory.

PARKnSHOP’s own targets include:

  • Reducing Scope 1 GHG emissions by 50.4% by 2030 compared to the 2018 base year
  • Reducing Scope 2 GHG emissions by 50.4% by 2030 compared to the 2018 base year
  • Supporting AS Watson Group’s intensity target and supplier engagement target for Scope 3 GHG emissions reduction plan
  • Our intervention plans to reduce emissions from Scope 1 involve strengthening our fleet efficiency, transitioning to fuels with lower emissions, and increasing the use of refrigerants with lower global warming potential.

    To lower emissions from Scope 2, we will continue our efforts to improve energy efficiency and gradually offset the remainder of our emissions through investments in renewable electricity.