Space Matrix Leads the Way to Net-Zero Emissions by 2050, Verified by Science Based Targets initiative
New Delhi, 12th July 2023: Space Matrix, a leading multinational workplace design and build consultancy firm, has announced the validation of its climate targets by the Science Based Targets initiative (SBTi). This marks a significant milestone in the company’s commitment to sustainability and corporate decarbonization.
The Science Based Targets initiative, a collaboration between CDP (formerly Carbon Disclosure Project), the United Nations Global Compact (UNGC), World Resources Institute (WRI), and the World Wide Fund for Nature (WWF), validates corporate climate targets. The idea is to ensure they are in line with the objectives of the Paris Agreement and the goal of limiting global warming to well below 2°C above pre-industrial levels and pursuing efforts to limit warming to 1.5°C.
Space Matrix has committed to significant reductions in company-wide emissions as part of the SBTi’s global initiative for ambitious corporate decarbonization. This underscores the firm’s unwavering commitment to the well-being of the planet, a core principle deeply ingrained in its corporate philosophy. Further, it aligns with Space Matrix’s mission is to transform workplaces into a positive catalyst for people to thrive and businesses to succeed while collectively protecting our planet.
Speaking about this, Akshay Lakhanpal,CEO India, Space Matrix, said, “We are delighted to have our climate targets officially recognized by the Science Based Targets initiative (SBTi). In line with the latest climate science, instead of sustainability commitment, Space Matrix has set ambitious near-term emission reduction goals through SBTi, further advancing our mission to create a better world at work. We acknowledge the urgency of addressing climate change and fully embrace our responsibility as a global organization. This achievement serves as a testament to our overarching vision and purpose, which are deeply intertwined with the company’s essence. We ensure that every one of our actions and endeavour reflects conscious practices, be it our design solutions, material selection, project delivery methods, or building partnerships. We strive to make choices that align with our larger vision.”
As a dynamic and agile 21st-century design consultancy specializing in workplace design, Space Matrix maintains a distinctive client-centric approach that delivers profitable, sustainable, and future-ready solutions. With a global workforce of over 600 professionals, the firm continuously pushes boundaries in transforming workspaces.
Space Matrix is committed to an ongoing journey of reducing emissions and fostering sustainable practices across all facets of its operations, projects, and supply chain. Leading by example, the company consciously designs for clients and aids them in achieving their sustainability objectives. Space Matrix remains resolute in its commitment to innovation, collaboration, and knowledge sharing, with the aim of creating environmentally responsible workplaces and contributing to a greener and more resilient future.