Fasteners distributor and manufacturer Optimas Solutions announced it has achieved the emission reduction goals it initially set for the end of 2025.
In 2023, two years ahead of schedule, the Illinois-based distributor and manufacturer recorded a:
- 17.5% reduction in Scope 1 and 2 emissions, exceeding the original target (6.9% reduction) for 2025 through renewable energy adoption and improved refrigerant management.
- 14.9% reduction in Scope 3 emissions intensity, surpassing 2025 expectations by combining emissions reduction initiatives with business growth. The original target was a 6.5% reduction.
“Our progress highlights the effectiveness of our strategy and our ability to outperform expectations,” Optimas’ International CEO Mike Tuffy said in a Dec. 18 news release.
Moving forward, Optimas officials said the company will focus on scaling renewable energy use, electrifying heating systems and engaging suppliers to ensure long-term decarbonization.
Optimas was No. 7 on MDM’s 2024 Top Distributors List for Fasteners and No. 33 for Industrial Supplies.
Related Posts
-
Grainger released its 2024 ESG report, showcasing it achieved a key emissions reduction goal much…
-
The company said the feature enhances supply chain resilience, risk mitigation and supplier management through…
-
It’s the latest economic indicator that demand remains subdued in the U.S. manufacturing sector.