Festo SE & Co. KG

Festo SE & Co. KG, a German company in the Real Estate Services sector, reported approximately 13,788,340,000 kg CO2e in total emissions for 2024. This includes around 26,441,000 kg CO2e from Scope 1 emissions, 59,703,000 kg CO2e from location-based Scope 2 emissions, and a significant 13,702,107,000 kg CO2e from Scope 3 emissions.

In 2023, the company's total emissions were approximately 13,542,397,000 kg CO2e, comprising around 25,820,000 kg CO2e in Scope 1 emissions, 8,087,000 kg CO2e in market-based Scope 2 emissions, and approximately 13,508,491,000 kg CO2e in Scope 3 emissions. For 2022, total emissions were about 14,032,118,000 kg CO2e, with Scope 1 at roughly 30,762,000 kg CO2e, market-based Scope 2 at approximately 38,688,000 kg CO2e, and Scope 3 at about 13,969,800,000 kg CO2e.

Festo SE & Co. KG has set ambitious Science Based Targets initiative (SBTi) commitments. The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. Near-term targets include a 64.3% reduction in absolute Scope 1 and 2 GHG emissions by 2030, from a 2022 base year. Additionally, Festo SE & Co. KG commits to a 25% reduction in absolute Scope 3 GHG emissions by 2030, also from a 2022 base year. Long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2040 from a 2022 base year, and a 90% reduction in absolute Scope 3 GHG emissions by 2050 from a 2022 base year.