Axel Springer

Axel Springer's reported carbon emissions

Axel Springer's total carbon emissions in 2023 were approximately 436,048,000 kg CO2e. This figure includes Scope 1, 2, and 3 emissions. In 2023, Scope 1 emissions were approximately 5,300,000 kg CO2e. Scope 2 emissions, using the market-based method, were approximately 12,496,000 kg CO2e, and Scope 3 emissions totalled approximately 418,253,000 kg CO2e. The largest contributors to Scope 3 emissions were purchased goods and services (approximately 268,060,000 kg CO2e) and the use of sold products (approximately 99,686,000 kg CO2e). For 2022, total emissions were approximately 469,870,000 kg CO2e, with Scope 1 emissions at approximately 3,829,000 kg CO2e, Scope 2 market-based emissions at approximately 13,334,000 kg CO2e, and Scope 3 emissions at approximately 452,707,000 kg CO2e. Axel Springer has committed to a net-zero pathway, aiming to reduce its absolute CO2 emissions by 3-5% annually over ten years. The company's long-term goal is to achieve net-zero emissions by 2045, with a 90% reduction target compared to the 2021 baseline. Specifically, Scope 1 and 2 emissions are targeted for a 90% reduction by 2045. Furthermore, Axel Springer has committed to reducing its absolute Scope 1 emissions by 50% from a 2020 baseline by 2030 and aims for near-zero Scope 1 and Scope 2 emissions by 2025. They also plan to offset all non-reducible emissions annually from fiscal year 2024.