Schuco

Schüco, headquartered in Germany, reported total Scope 1, 2, and 3 emissions of approximately 1.72 billion kg CO2e in 2024. This includes around 11.86 million kg CO2e from Scope 1 emissions, 2.99 million kg CO2e from Scope 2 (market-based), and 1.70 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 were purchased goods and services (approximately 1.33 billion kg CO2e) and upstream transportation and distribution (around 14.19 million kg CO2e). In 2023, their total emissions were about 1.47 billion kg CO2e, with Scope 1 at 11.75 million kg CO2e, Scope 2 (market-based) at 3.60 million kg CO2e, and Scope 3 at 1.45 billion kg CO2e. For 2022, Schüco reported total emissions of approximately 1.78 billion kg CO2e, comprising 19.74 million kg CO2e for Scope 1, 2.62 million kg CO2e for Scope 2, and 1.76 billion kg CO2e for Scope 3.

Schüco International KG has set Science Based Targets initiative (SBTi) approved near-term and long-term targets. The company commits to reaching net-zero greenhouse gas emissions across its value chain by 2040. For near-term, Schüco aims to reduce absolute Scope 1, 2, and 3 GHG emissions by 46.2% by 2030 from a 2019 base year. Additionally, they plan to increase annual sourcing of renewable electricity from 88.9% in 2019 to 100% by 2030. For long-term, Schüco International KG commits to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by 2040 from a 2019 base year. The company's targets covering Scope 1 and 2 emissions are consistent with reductions required to keep warming to 1.5°C.