There has never been a greater need to create a more sustainable world. To prevent irreversible consequences of climate change, global warming must be limited to 1.5 °C. We take responsibility for our environment in order to safeguard the foundations of life for future generations. Reducing greenhouse gases is therefore our key goal.
As a pioneer in the industry and one of the few players in our sector, Klöckner & Co has signed up to the Science Based Targets initiative (SBTi) “Business Ambition for 1.5°” campaign, the world’s most ambitious and significant framework for emissions reduction. Our near-term and long-term targets, as well as our CO2 net zero target, have been recognized as science-based by the Science Based Targets initiative (SBTi) through the regular process.
Our near-term reduction targets
Klöckner & Co is committed to reducing directly controllable emissions in Scopes 1 and 2 by 62.5% by 2030 compared to the base year 2019. We will reduce Scope 3 emissions that we can influence directly (e.g. business travel, employee commuting, etc.) by 50% by 2030. We consider the entire supply chain - including the emissions in Scope 3 that we cannot influence directly.
Our long-term and net zero targets
We take a holistic view of our climate targets and therefore set them even more ambitiously: We will reduce all emissions that we can directly influence ourselves (Scope 1, Scope 2 and Scope 3 emissions that can be directly influenced) to net zero as early as 2040. Emissions that can only be influenced indirectly, in particular from purchased goods and services, will be net zero by 2050. In line with the SBTi standards, Klöckner & Co is thus committed to reducing emissions throughout the value chain to net zero by 2050.
The sustainable orientation of our company makes us pioneers in our industry and actively drives the green transformation of the economy and society.
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