Heinzel

Heinzel Climate Commitments and Emissions Data

Heinzel, an Offices of Other Holding Companies sector entity headquartered in Austria, has established a comprehensive net-zero commitment by 2050. This commitment is supported by Science Based Targets initiative (SBTi) validated goals.

Emissions Data:

• 2023: Heinzel reported total emissions of approximately 4.65 billion kg CO2e. This included:

  • Scope 1 emissions of approximately 96.2 million kg CO2e.
  • Scope 2 market-based emissions of approximately 281.5 million kg CO2e.
  • Scope 3 emissions amounted to approximately 4.15 billion kg CO2e, with significant contributions from purchased goods and services (about 1.44 billion kg CO2e) and processing of sold products (about 1.60 billion kg CO2e).

• 2024: Total emissions were approximately 4.46 billion kg CO2e, comprising about 480 million kg CO2e for Scope 1 and 2 (market-based) and approximately 3.98 billion kg CO2e for Scope 3.

• 2025: The company projected total emissions of approximately 3.85 billion kg CO2e, with Scope 1 and 2 emissions (market-based) at about 378 million kg CO2e and Scope 3 emissions at approximately 3.50 billion kg CO2e.

Climate Targets and Initiatives:

Heinzel's climate strategy includes ambitious reduction targets aligned with the 1.5°C pathway:

• Near-Term Targets (by 2030):

  • A 42.0% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions from a 2021 baseline.
  • A 25.0% reduction in absolute Scope 3 GHG emissions from key categories including purchased goods and services, fuel and energy-related activities, upstream and downstream transportation and distribution, and processing of sold products.
  • Ensuring that 75% of suppliers, by emissions covering purchased goods and services, will have science-based targets by 2028.

• Long-Term Targets (by 2050):

  • A 90% reduction in absolute Scope 1 and 2 GHG emissions from a 2021 baseline.
  • A 90% reduction in absolute Scope 3 GHG emissions within the same timeframe.

These targets are sourced from the Science Based Targets initiative (SBTi). Heinzel Group is committed to reaching net-zero GHG emissions across its value chain by 2050.