AEG targets zero carbon emissions by 2050
AEG has announced its intention to cut its greenhouse gas (GHG) emissions to net zero by 2050.
The company, whose divisions include promoter AEG Presents and venue operator AEG Facilities, announced yesterday, on Earth Day 2019 (22 April), that it has revised its previous goal – to reduce emissions by 25%, or approximately 3.2% per year between 2010 and 2020 – in response to the Global Warming of 1.5˚C report from the UN’s Intergovernmental Panel on Climate Change (IPCC).
AEG’s adoption of the new 1.5˚C-based goal will require the company to reduce its total emissions by 33% from 2010 to 2020, and to follow IPCC’s guidance to reduce emissions by 45% by 2030 and 100% by 2050.
“We are committed to leading the way toward change and continuing to help draw attention to this serious issue by doing more to ensure the safety of our world,” says John Marler, vice-president of energy and environment for AEG.
“We are committed to leading the way toward change”
“Today’s announcement builds on that commitment to further drive improvements in our global operations wherever possible.”
Marler adds that “meeting our current 2020 GHG goal is critical as it reflects the level of reductions required to achieve this longer-term targets.”
Elsewhere, AEG has released its 2019 Sustainability Report, which outlines progress toward its set of 2020 GHG, water conservation and waste reduction goals.
“While we are pleased with the work we have done to date, we recognise that much more work needs to be done,” continues Marler. “In addition to adopting our new 1.5˚C target for GHG emissions, we continue to look for ways to reduce potable water at water-stressed sites by 4.4% per year and diverting 70% of waste from landfill across all AEG operations.”