At Dover, the management and use of environmental resources, including energy, is an essential part of our business. We are committed to conserving energy, using renewable energy, and continually improving the efficiency of our operations.
In 2010, as part of our commitment to reducing our impact on the environment, we set a target of reducing our overall energy and greenhouse gas (GHG) intensity by 20% by 2020 (indexed to net revenue). We are proud to report that we attained and well-surpassed our ten-year goal, achieving a 72% reduction from 2010. To achieve this goal, our operating companies identified and worked to successfully implement hundreds of projects to reduce GHG intensity. We also began participating as a voluntary respondent to the CDP (formerly Carbon Disclosure Project) and have elevated our scores to a B since we began reporting.
We also understand the climate challenges facing our society and the need for a shared effort in order to effectively address them. With this in mind, we are in the process of evaluating a new target to continue to push ourselves to reduce our greenhouse gas emissions. We are currently developing this goal with our internal and external stakeholders and will share the official goal once launched early in 2021.
2020 GHG Emissions Target
We committed to reducing our overall energy and greenhouse gas intensity by 20% from 2010 to 2020. We are proud to report that we exceeded our target: In 2020, we achieved a 72%i reduction in our GHG intensity compared to our 2010 baseline.