Fangda achieves SBTi validation for its near-term greenhouse gas emissions reduction targets

Fangda Partners is pleased to announce that the firm’s near-term greenhouse gas emissions reduction targets have been validated by the Science Based Targets initiative (SBTi), affirming that the firm’s emissions reduction targets align with the 1.5° C trajectory of the Paris Agreement. The milestone establishes Fangda as the first Chinese law firm to successfully complete the SBTi validation by following its corporate validation route, demonstrating our unwavering commitment to green transition and industry leadership.

Under SBTi standards, Fangda has set the following near-term targets (from a 2024 base year):

Fangda commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030.
Fangda commits to reduce absolute scope 3 GHG emissions 25% by 2030.

Fangda fully recognizes the urgency of taking proactive actions to address climate change and is joining forces with stakeholders, including numerous leading clients, to drive emission reduction practices. In recent years, Fangda has established and implemented an internal carbon emissions management system, with reduction measures covering key operational aspects including office operations, business travel, electricity consumption, and employee commuting. These initiatives have effectively integrated low-carbon principles into daily management practices.

Looking ahead, Fangda will continue advancing emission reduction initiatives, remain committed to setting benchmarks for environmental responsibility, and drive the legal industry toward a low-carbon, green, and sustainable future.

Founded in 2015 by the World Wide Fund for Nature (WWF), CDP, World Resources Institute (WRI), and the United Nations Global Compact, SBTi is a global initiative that helps companies establish science-based emissions reduction targets aligned with 1.5°C decarbonization pathways. It strives to make setting science-based emissions reduction targets a world-wide standard business practice.