INTRODUCTION PEOPLE COMMUNITY PLANET GOVERNANCE APPENDIX energy & climate: our 2030 commitment to no direct net emissions We recognize that reducing our carbon emissions is one of the most critical actions we can take as a Company to protect the planet we call home – and in line with the goals of the Paris Agreement, we need to take action to combat the most severe impacts of climate change. We aim to have no net greenhouse gas emissions for Scopes 1 and 2 by 2030 and are working to establish and publish science-based targets that include our Scope 3 emissions by the end of 2023. Our path to achieve our current target of no net emissions for Scopes 1 and 2 focuses on decreasing emissions in our stores and warehouses in four key areas: Energy Renewable energy Installation of Heating, Management generation and LED lighting ventilation, and Systems procurement air conditioning (HVAC) system updates To further underscore our commitments to mitigating the impacts of climate change, we have accelerated our goal by ten years and aim to set science-based targets by the end of 2023. Last year, we conducted a baseline assessment to develop an understanding of our direct carbon emissions. Using those results, we are in the process of implementing an internal data collection system that will leverage the expertise of our internal audit team to validate the credibility of the data and the data gathering process. Bed Bath & Beyond 2021 ESG Report 24
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