Schweizerische Industrie Gesellschaft

Schweizerische Industrie Gesellschaft (SIG) based in CH, an "Other business services (74)" industry company, reported a total of approximately 2.18 billion kg CO2e in emissions for the 2023 reporting year. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

Emissions Breakdown for 2023:

• Scope 1: Approximately 19,000,000 kg CO2e
• Scope 2 (Market-Based): Approximately 500,000 kg CO2e
• Scope 3: Approximately 1,950,000,000 kg CO2e, with significant contributions from purchased goods and services (approximately 1.25 billion kg CO2e) and the end-of-life treatment of sold products (approximately 268,482,000 kg CO2e).

Climate Commitments and Reduction Targets:

SIG has made significant commitments to address climate change:

• Net-Zero by 2050: SIG has formally committed to achieving Net Zero greenhouse gas emissions by 2050.
• Science-Based Targets: The company has set Science-Based Targets (SBTs) to support its net-zero goal. These include:
  • A commitment to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using 2020 as a base year.
  • A target to reduce Scope 3 GHG emissions by 51.6% per litre packed by 2030, also from a 2020 baseline.
  • A long-term commitment to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050.
  • A long-term target to reduce Scope 3 GHG emissions by 97% per litre packed by 2050.
• Renewable Electricity: SIG aims to source 100% renewable electricity annually through 2030.
• Race to Zero: SIG has joined the United Nations Race to Zero initiative and committed to setting a long-term science-based target to reach net-zero value chain greenhouse gas emissions by 2050.