Grunenthal

Grünenthal, a German company in the Medical, precision and optical instruments, watches and clocks industry, reported total emissions of approximately 370,553,000 kg CO2e in 2024. This figure includes about 19,512,000 kg CO2e from Scope 1 emissions, 540,000 kg CO2e from market-based Scope 2 emissions (or 6,265,000 kg CO2e location-based), and approximately 350,501,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2024 included purchased goods and services (around 292,859,000 kg CO2e) and upstream transportation and distribution (approximately 27,961,000 kg CO2e).

In 2023, Grünenthal's total emissions were approximately 389,193,000 kg CO2e, comprising around 18,137,000 kg CO2e from Scope 1, about 3,248,000 kg CO2e from market-based Scope 2 (or 7,927,000 kg CO2e location-based), and approximately 367,840,000 kg CO2e from Scope 3.

For 2022, while a total calculated emissions figure is not provided, Grünenthal reported approximately 20,928,000 kg CO2e for Scope 1 emissions, about 3,481,000 kg CO2e for market-based Scope 2 emissions (or 8,513,000 kg CO2e location-based), and approximately 456,936,000 kg CO2e for Scope 3 emissions.

Grünenthal has set several climate commitments, including near-term Science Based Targets initiative (SBTi) validated targets. The company commits to reducing absolute Scope 1 and Scope 2 GHG emissions by 55% by 2030, against a 2020 base year. Additionally, Grünenthal aims for 74.1% of its suppliers, by emissions covering purchased goods and services and upstream transportation and distribution, to have science-based targets by 2028. Previously, the company had targets to achieve net-zero emissions in Scope 1 and 2 by 2030 or 2031.