Klockner And Co Sustainability Profile
Klockner & Co, a leading global steel and metal distributor, is headquartered in Duisburg, Germany. Established in 1906, the company has evolved into a prominent player in the industry, with significant operations across Europe and North America. Klockner & Co focuses on the distribution of steel, stainless steel, and non-ferrous metals, offering a diverse range of products and services tailored to various sectors, including construction, automotive, and engineering. Renowned for its innovative digital solutions, Klockner & Co has successfully integrated technology into its supply chain, enhancing customer experience and operational efficiency. With a strong market position, the company has achieved notable milestones, including a commitment to sustainability and a robust network of over 300 locations worldwide. Klockner & Co continues to set industry standards, making it a trusted partner for businesses seeking high-quality metal products and services.
DitchCarbon Score
How does Klockner And Co'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 Rubber and Plastic Products 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
Klockner And Co's score of 82 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Klockner And Co's reported carbon emissions
In 2024, Klöckner & Co reported total carbon emissions of approximately 7,824,819,000 kg CO2e, with Scope 1 emissions at about 38,911,000 kg CO2e, Scope 2 emissions at approximately 1,141,000 kg CO2e, and significant Scope 3 emissions, particularly from purchased goods and services, which accounted for about 7,162,652,000 kg CO2e. In 2023, the company’s total emissions were approximately 6,358,919,000 kg CO2e, indicating a substantial increase in emissions year-on-year. Klöckner & Co has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. The company plans to reduce Scope 1 and Scope 2 emissions by 90% by 2040, with interim targets of a 62.5% reduction by 2030 from a 2019 baseline. For Scope 3 emissions, the company targets a 90% reduction by 2050, with specific near-term goals of reducing emissions from fuel and energy-related activities, waste, business travel, and employee commuting by 50% by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Klöckner & Co's commitment to addressing its carbon footprint in the context of global climate action. The company’s strategy includes a focus on emissions that can be directly controlled, as well as those that are indirectly influenced, particularly from externally sourced steel products.
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| 2019 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 54,867,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 28,590,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 9,766,312,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Klockner And Co's Industry?
How Carbon Intensive is Klockner And Co's Location?
Klockner And Co's Scope 3 Categories Breakdown
Klockner And Co's Scope 3 emissions, which increased by 23% last year and decreased by approximately 20% since 2019, 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 92% of Scope 3 emissions.
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Klockner And Co'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.
Klockner And Co 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.
