Schreder

Schreder's reported carbon emissions

Schreder, a company in the Electrical machinery and apparatus n.e.c. (31) industry headquartered in BE, has reported its carbon emissions for recent years. **2024 Emissions:** Schreder reported a total of approximately 5.03 billion kg CO2e in 2024. This breaks down into: * Scope 1 emissions: approximately 3.88 million kg CO2e * Scope 2 emissions (market-based): approximately 1.49 million kg CO2e * Scope 3 emissions: approximately 4.84 billion kg CO2e, with the largest contributors being the use of sold products (approximately 4.73 billion kg CO2e) and purchased goods and services (approximately 95.90 million kg CO2e). **2023 Emissions:** In 2023, Schreder's total emissions were approximately 5.38 billion kg CO2e. * Scope 1 emissions: approximately 4.23 million kg CO2e * Scope 2 emissions (market-based): approximately 1.39 million kg CO2e * Scope 3 emissions: approximately 5.28 billion kg CO2e, primarily from the use of sold products (approximately 5.15 billion kg CO2e) and purchased goods and services (approximately 102.54 million kg CO2e). **2022 Emissions:** For 2022, Schreder's total emissions were approximately 5.47 billion kg CO2e. * Scope 1 emissions: approximately 4.27 million kg CO2e * Scope 2 emissions (market-based): approximately 1.29 million kg CO2e * Scope 3 emissions: approximately 5.43 billion kg CO2e, with the use of sold products accounting for approximately 5.32 billion kg CO2e and purchased goods and services around 87.89 million kg CO2e. **Climate Commitments and Targets:** Schreder has set Science Based Targets (SBTi) aligned with a 1.5°C pathway. Their near-term commitments, with a base year of 2019 and a target year of 2030, include: * A 52.5% reduction in absolute Scope 1 and 2 greenhouse gas emissions. * A 27.5% reduction in absolute Scope 3 greenhouse gas emissions, specifically from the use of sold products. These targets are confirmed by S&P Global as part of the "Schréder Group GIE" and are consistent with keeping global warming to 1.5°C. The company's target boundary includes land-related emissions and removals from bioenergy feedstocks. Additionally, Schreder had a previous target to reduce its company carbon footprint by 20% by 2022, compared to a 2018 baseline, covering Scope 1 and Scope 2 emissions.