Hager SE Sustainability Profile
Hager SE, a prominent player in the electrical installation industry, is headquartered in Blieskastel, Germany. Founded in 1955, the company has established a strong presence across Europe and beyond, specialising in solutions for electrical distribution, building automation, and energy management. Hager SE is renowned for its innovative products, including circuit protection devices, distribution boards, and smart home technologies, which are designed to enhance safety and efficiency in residential and commercial settings. The company’s commitment to quality and sustainability has positioned it as a leader in the market, with notable achievements in energy-efficient solutions and smart building integration. With a focus on customer-centric design and a robust portfolio, Hager SE continues to shape the future of electrical installations, making it a trusted name in the industry.
DitchCarbon Score
How does Hager SE'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 Real Estate 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
Hager SE's score of 31 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hager SE's reported carbon emissions
In 2024, Hager SE reported approximately 378,000,000 kg CO2e in indirect emissions across its value chain, although specific data for Scope 1 and Scope 2 emissions was not disclosed. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2021 as the base year. Additionally, Hager SE targets a 25% reduction in its absolute Scope 3 emissions within the same timeframe. In previous years, Hager SE's emissions intensity was reported at about 542 kg CO2e per million euros in sales for both 2021 and 2022, with a slight decrease to approximately 546 kg CO2e per million euros in 2023. These figures indicate a commitment to improving efficiency alongside emissions reductions. Hager SE's targets are aligned with the Science Based Targets initiative (SBTi), which classifies them as consistent with the reductions required to limit global warming to 1.5°C. The company is also a member of the Business Ambition for 1.5°C initiative, reinforcing its commitment to climate action.
How Carbon Intensive is Hager SE's Industry?
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Hager SE'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.
Hager SE 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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Frequently Asked Questions
Common questions about Hager SE's sustainability data and climate commitments