Heraeus Precious Metals GmbH & Co. KG Sustainability Profile
Heraeus Precious Metals GmbH & Co. KG, a leading player in the precious metals industry, is headquartered in Hanau, Germany. Founded in 1851, the company has established itself as a global leader in the refining, trading, and manufacturing of precious metals, serving diverse sectors such as automotive, electronics, and jewellery. With a strong presence in Europe, Asia, and the Americas, Heraeus offers a wide range of core products and services, including precious metal alloys, catalysts, and investment products. Their commitment to innovation and sustainability sets them apart in the market, enabling them to maintain a competitive edge. Recognised for their expertise and reliability, Heraeus Precious Metals has achieved significant milestones, solidifying its position as a trusted partner in the precious metals supply chain.
DitchCarbon Score
How does Heraeus Precious Metals GmbH & Co. KG'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 Business 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
Heraeus Precious Metals GmbH & Co. KG's score of 41 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Heraeus Precious Metals GmbH & Co. KG's reported carbon emissions
In 2022, Heraeus Precious Metals GmbH & Co. KG reported total carbon emissions of approximately 9,778,408,000 kg CO2e across all scopes. This includes 19,875,000 kg CO2e from Scope 1 emissions and 27,585,000 kg CO2e from Scope 2 emissions (market-based). The majority of their emissions, about 9,730,948,000 kg CO2e, stemmed from Scope 3, which encompasses indirect emissions from their value chain. Comparatively, in 2021, the company recorded total emissions of approximately 11,853,960,000 kg CO2e, with Scope 1 emissions at 21,628,000 kg CO2e and Scope 2 emissions (market-based) at 33,543,000 kg CO2e. This indicates a significant reduction in total emissions from 2021 to 2022. Heraeus has set ambitious reduction targets, aiming to decrease its Scope 1 and Scope 2 emissions by 42% by 2030, relative to a 2021 baseline. These targets reflect the company's commitment to sustainability and align with industry standards for climate action. Additionally, Heraeus is committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. The emissions data and reduction initiatives are cascaded from the parent organization, Heraeus Precious Metals GmbH & Co. KG, which is actively involved in various sustainability initiatives, including the Science Based Targets initiative (SBTi).
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 18,453,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 37,277,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 14,192,023,000 | 00,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Heraeus Precious Metals GmbH & Co. KG's Industry?
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Heraeus Precious Metals GmbH & Co. KG's Scope 3 Categories Breakdown
Heraeus Precious Metals GmbH & Co. KG's Scope 3 emissions, which decreased by 18% last year and decreased by approximately 31% 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 "Purchased Goods and Services" being the largest emissions source at 98% of Scope 3 emissions.
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Heraeus Precious Metals GmbH & Co. KG'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.
Heraeus Precious Metals GmbH & Co. KG 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 Heraeus Precious Metals GmbH & Co. KG's sustainability data and climate commitments