MillerKnoll announced that it has received approval from the Science Based Targets initiative (SBTi) for its near-term science-based emissions reduction targets. This validation confirms that MillerKnoll's targets align with the latest climate science necessary to meet the goals of the Paris Agreement.
The company commits to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by fiscal year 2030 from a fiscal year 2022 baseline. Additionally, MillerKnoll pledges to increase its active annual sourcing of renewable electricity from 38.3% in fiscal year 2022 to 100% by fiscal year 2030.
Furthermore, MillerKnoll commits to reducing absolute Scope 3 GHG emissions from purchased goods and services, waste generated in operations, and end-of-life treatment of sold products by 25% within the same timeframe. This achievement underscores the company's ongoing commitment to environmental stewardship and builds upon its recently announced sustainability strategy.
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