SOFICO's climate targets validated by the Science Based Targets initiative

SOFICO, the leading global provider of software solutions for automotive finance, leasing, fleet, and mobility management, today announced that its climate targets have been validated by the Science Based Targets initiative (SBTi).
Author
Sofico
Categories
Tagged
Climate targets
Published
25/06/2026

Ghent, Belgium, June 25, 2026. The validation covers two targets, both measured against a 2024 base year and running to 2035: a 63% absolute reduction in Scope 1 and 2 emissions, and a 66.33% reduction in the emissions intensity of selected Scope 3 categories, measured per euro of value added. The SBTi published SOFICO’s approved targets on its website on June 25, 2026. 

Validation by the SBTi means an independent body has reviewed these targets and confirmed they match what climate science says is needed to limit global warming. For SOFICO, a company built around the finance, leasing and mobility industry, it sets a clear, measured path for cutting the emissions from its own offices and fleet, and from the wider footprint of its operations. 

“Setting targets is easy. Having them checked against the science, and holding ourselves to them, is what makes the difference,” said Tim Van Daele, CP&O. “This validation gives our climate work a clear destination, and we would rather be measured against the real number than a target we set for ourselves.” 

This milestone is one part of SOFICO’s wider sustainability work, which spans its environmental footprint, its people and the communities around its offices.