Phoenix Contact

Phoenix Contact, a German-headquartered company in the Other business services (74) sector, reported total carbon emissions of approximately 2.52 billion kg CO2e in 2024. This figure comprises about 28.8 million kg CO2e from Scope 1 emissions, 66.5 million kg CO2e from Scope 2 (location-based), and approximately 2.49 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions include the use of sold products (about 1.65 billion kg CO2e) and purchased goods and services (approximately 542.3 million kg CO2e).

In 2023, Phoenix Contact's total emissions were approximately 3.11 billion kg CO2e, with about 34.3 million kg CO2e from Scope 1, 62.8 million kg CO2e from Scope 2 (location-based), and roughly 3.08 billion kg CO2e from Scope 3. The use of sold products and purchased goods and services were also the largest components of Scope 3 in 2023, at approximately 2.03 billion kg CO2e and 679.7 million kg CO2e respectively.

For 2022, the company's total emissions stood at approximately 3.35 billion kg CO2e, including about 39.5 million kg CO2e from Scope 1, 63.0 million kg CO2e from Scope 2 (location-based), and approximately 3.31 billion kg CO2e from Scope 3.

Phoenix Contact has demonstrated commitment to climate action, with Science Based Targets initiative (SBTi) near-term targets committed as of September 2024. All emissions data and SBTi targets are directly reported by Phoenix Contact GmbH & Co. KG.