DFS secures SBTi approval for emissions reduction targets

Sofas retailer DFS Furniture has announced that its near-term science-based emissions reduction target has been approved by the Science Based Targets initiative (SBTi). 

In the near term, the group aims to reduce Scope 1 and 2 greenhouse gas (GHG) emissions by 55% by 2033 and, additionally, that 73% of Scope 3 GHG emissions will have science-based targets by 2028. 

DFS has also committed to set long-term targets which include the reduction of 90% of Scope 1, 2 and 3 emissions by 2050. 

Tim Stacey, group CEO, said: “We are delighted to announce that our ambitious near-term plans to reduce the group’s greenhouse gas emissions and our net zero commitment have met the approval of SBTi’s criteria. 

“Our submission has been two years in the making and we recognise that this will be a long, and sometimes challenging, journey. However, as market leaders we have an obligation to lead from the front and we are committed to our role in helping transform the furniture industry’s approach to net zero.”

He added: “We feel even more confident in our plan due to the shared ambition and strong support we’ve received from our most trusted suppliers, the majority of whom have committed to come on the journey with us. 

“Today’s announcement validates that through the sheer determination of the DFS team, together with the openness and collaboration with our partners; we’re a step closer to minimising our environmental impact and reaching net zero by 2050.”