Our QinetiQ purpose and strategy is enabled by our high performance inclusive culture, underpinned by our values and behaviours and our commitment to deliver responsibly and sustainably for the benefit of all of our stakeholders.
Our programmes are led by the Group Corporate Responsibility and Sustainability Director, and are embedded in the business through domain experts from key business functions such as health and safety, environment, human resources, and procurement.
Globally our climate is changing due to rising greenhouse gas (GHG) concentrations caused by human activity.
The changes, such as rising temperatures and sea level, more extreme weather events and degradation of habitats are already having an impact on society, and the predictions are for significant issues in the future. It is essential that business plays its part, reducing emissions, adapting to the changes and innovating toward a future Net-Zero carbon economy.
At QinetiQ, we are committed to becoming a Net-Zero company by 2050 or sooner. We also believe that we can help our customers meet their own Net-Zero ambitions.
Human influence has unequivocally contributed to the warming of the planet. What we need to do is clear: limit warming to no more than 1.5°C above pre-industrial levels to avoid the most significant climate change impacts on human and natural systems. It is essential that business plays its part, reducing emissions, adapting to changes and innovating in order to reach Net-Zero by 2050 or sooner.
QinetiQ will need to successfully deliver a diverse range of initiatives to achieve Net-Zero. As is necessary to limit global warming to a 1.5ºC scenario, the scope of our Net-Zero Pathway covers all of our whole value chain, globally, across all of our Scopes 1, 2 and 3 emissions.
We have developed achievable targets based on a planned programme of activities; applying a data-driven approach to inform what we do and when. We also recognise that options for tackling GHG emissions will evolve or newly emerge and so we will continue to horizon scan for opportunities to accelerate our transition to becoming a Net-Zero organisation.
QinetiQ will be a Net-Zero company by 2050 or sooner with achievable and ambitious near-term GHG emissions reduction targets. To deliver this, we will take a global whole value chain approach. We will work proactively with our supplier ecosystem, continue to invest in relevant climate positive research and development to help our customers achieve their Net-Zero ambitions, while improving the operational efficiency and biodiversity of our estates and those we manage on behalf of our customers.
We submitted our full set of Scope 1, 2 and 3 emissions targets to the SBTi in January 2022, with formal assessment and validation scheduled for later this year. We also contribute to and influence the climate change improvements of our wider value chain, which assists our customers and suppliers adapt to intensifying sustainability challenges. We commit to:
