Axel Springer

Axel Springer, a German company in the printed matter and recorded media industry, reported total carbon emissions of approximately 436 million kg CO2e in 2023. This includes Scope 1 emissions of about 5.3 million kg CO2e, Scope 2 market-based emissions of approximately 12.5 million kg CO2e, and Scope 3 emissions of around 418.3 million kg CO2e.

Looking back, their total emissions in 2022 were approximately 469.9 million kg CO2e, and in 2021, they were about 412.5 million kg CO2e.

Axel Springer has set ambitious climate commitments, with Science Based Targets initiative (SBTi) approved targets. They aim to achieve net-zero greenhouse gas emissions across their entire value chain by 2046. Their near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030, from a 2022 base year. Simultaneously, they commit to reducing absolute Scope 3 GHG emissions by 42% within the same timeframe. For the long term, Axel Springer intends to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2046 from a 2022 base year, and absolute Scope 3 GHG emissions by 90% within the same period. They also have a general commitment to reduce absolute CO2 emissions by 3–5% annually over the next ten years, using 2021 as a baseline.