Landis Plus Gyr

Landis Plus Gyr's reported carbon emissions

Landis+Gyr, a company in the Electrical machinery and apparatus n.e.c. (31) industry headquartered in Switzerland (CH), has reported its carbon emissions for recent years, demonstrating a commitment to climate action. For the year 2024, Landis+Gyr's total carbon emissions amounted to approximately 1.12 billion kg CO2e. This figure comprises Scope 1 emissions of about 2.9 million kg CO2e, Scope 2 emissions of approximately 414,000 kg CO2e, and a substantial Scope 3 contribution of over 1.11 billion kg CO2e. The largest contributors within Scope 3 were the use of sold products (approximately 873 million kg CO2e) and purchased goods and services (about 208 million kg CO2e). In 2023, the company reported total emissions of approximately 1.32 billion kg CO2e. This included Scope 1 emissions of about 3 million kg CO2e, Scope 2 emissions of approximately 2.8 million kg CO2e, and Scope 3 emissions of over 1.31 billion kg CO2e. Landis+Gyr has set ambitious climate targets, aligning with the Science Based Targets initiative (SBTi). The company aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by Fiscal Year 2030, using FY 2021 as the base year. Furthermore, they have committed to a long-term goal of reducing absolute Scope 1, 2, and 3 emissions by 90% by FY 2050, also from an FY 2021 baseline. In line with their climate commitments, they also aim to increase their annual sourcing of renewable electricity from 55% in FY 2021 to 100% by FY 2030. Notably, in FY 2020, Landis+Gyr achieved a significant reduction of 47% in its combined Scope 1 and 2 emissions compared to the previous year.