09:51 AM EDT, 06/10/2024 (MT Newswires) -- Steelcase ( SCS ) said Monday that it aims to achieve net-zero carbon emissions across its entire value chain by 2050, with a target to reduce emissions by over 90% from its 2020 baseline.

The furniture and architectural products manufacturing company said it plans to overhaul its operations, products, and transportation methods to curb emissions.

Shares of the company were down 1.8% in recent Monday trading.

Price: 12.19, Change: -0.34, Percent Change: -2.71