Klockner And Co Sustainability Profile
Klockner & Co, a leading global steel and metal distributor, is headquartered in Duisburg, Germany. Established in 1906, the company has evolved into a prominent player in the industry, with significant operations across Europe and North America. Klockner & Co focuses on the distribution of steel, stainless steel, and non-ferrous metals, offering a diverse range of products and services tailored to various sectors, including construction, automotive, and engineering. Renowned for its innovative digital solutions, Klockner & Co has successfully integrated technology into its supply chain, enhancing customer experience and operational efficiency. With a strong market position, the company has achieved notable milestones, including a commitment to sustainability and a robust network of over 300 locations worldwide. Klockner & Co continues to set industry standards, making it a trusted partner for businesses seeking high-quality metal products and services.
DitchCarbon Score
How does Klockner And Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Rubber and Plastic Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Klockner And Co's score of 82 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Klockner And Co's reported carbon emissions
In 2024, Klöckner & Co reported total carbon emissions of approximately 7.8 billion kg CO2e, comprising 38,911,000 kg CO2e from Scope 1, 1,141,000 kg CO2e from Scope 2, and about 7.8 billion kg CO2e from Scope 3 emissions. This represents a significant increase from 2023, where total emissions were approximately 6.4 billion kg CO2e. Klöckner & Co has set ambitious climate commitments, aiming to achieve net-zero emissions for all directly controllable carbon emissions (Scope 1, Scope 2, and directly influenceable Scope 3) by 2040. Additionally, they plan to reduce Scope 3 emissions from externally sourced steel products to net zero by 2050. Near-term targets include a 62.5% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2019 baseline, alongside a 30% reduction in Scope 3 emissions from purchased goods and services within the same timeframe. The company is committed to aligning its targets with the Science Based Targets initiative (SBTi), which includes a 90% reduction in Scope 1 and 2 emissions by 2040 and a similar reduction for Scope 3 emissions by 2050. These targets reflect Klöckner & Co's dedication to addressing climate change and reducing its carbon footprint across its entire value chain.
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| 2019 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 54,867,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 28,590,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 9,766,312,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Klockner And Co's Scope 3 Categories Breakdown
Klockner And Co's Scope 3 emissions, which increased by 23% last year and decreased by approximately 20% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 92% of Scope 3 emissions.
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Klockner And Co's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Klockner And Co has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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