![Magna submits net-zero targets to Science Based Targets Initiative (SBTi) Magna submits the net-zero emissions targets for validation by the Science Based Targets initiative (SBTi). Photo by Martin Adams on Unsplash.](https://netzeronewshub.com/wp-content/uploads/2023/09/Photo-by-Martin-Adams-on-Unsplash.-Ratio-3by2-600x400.jpg)
Magna submits net-zero targets to Science Based Targets Initiative (SBTi)
Magna submits the net-zero emissions targets for validation by the Science Based Targets Initiative (SBTi). It is the commonly accepted decarbonization target as per the Paris Climate Agreement.Magna plans to achieve its near-term Scope 1, 2 and 3 targets by 2030. Also, it targets to fulfill net-zero emissions by 2050. Swamy Kotagiri, Magna CEO, said,“Magna…