Giesecke Plus Devrient Sustainability Profile
Giesecke+Devrient (G+D), headquartered in Munich, Germany, is a leading global provider in the secure identification and payment solutions industry. Founded in 1852, the company has established itself as a pioneer in smart card technology and mobile security, serving major operational regions across Europe, Asia, and the Americas. G+D's core offerings include secure payment solutions, identity management systems, and connectivity services, all designed to enhance security and user experience. Their innovative approach to digital security has positioned them as a trusted partner for banks, governments, and enterprises worldwide. With a commitment to sustainability and cutting-edge technology, G+D continues to achieve significant milestones, reinforcing its status as a market leader in the evolving landscape of digital security solutions.
DitchCarbon Score
How does Giesecke Plus Devrient'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 Computer Services 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
Giesecke Plus Devrient's score of 65 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Giesecke Plus Devrient's reported carbon emissions
In 2024, Giesecke+Devrient (G+D) reported total greenhouse gas emissions of approximately 748.9 million kg CO2e. This figure includes 30,886,000 kg CO2e from Scope 1 emissions, 3,344,000 kg CO2e from Scope 2 emissions, and 714,622,000 kg CO2e from Scope 3 emissions. The company has made significant strides in reducing its carbon footprint, achieving a 32% reduction in Scope 1 and 2 emissions relative to sales by 2022, surpassing its initial target of 25% set in 2018. Looking ahead, G+D has established ambitious climate commitments. By 2030, the company aims to reduce its absolute Scope 1 and 2 emissions by 42% from a 2022 baseline, while also targeting a 25% reduction in absolute Scope 3 emissions during the same timeframe. Furthermore, G+D has committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2040. This commitment includes a long-term goal of reducing absolute emissions from all scopes by 90% from the 2022 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect G+D's dedication to addressing climate change in accordance with the Paris Agreement. The emissions data and reduction targets are cascaded from Giesecke+Devrient GmbH, the parent organization, ensuring a cohesive approach to sustainability across its operations.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 |
How Carbon Intensive is Giesecke Plus Devrient's Industry?
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Giesecke Plus Devrient's Scope 3 Categories Breakdown
Giesecke Plus Devrient's Scope 3 emissions, which increased by 6% last year and increased by approximately 232% since 2020, 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 "Upstream Transportation & Distribution" being the largest emissions source at 12% of Scope 3 emissions.
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Giesecke Plus Devrient'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.
Giesecke Plus Devrient 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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