Schweizerische Industrie Gesellschaft

Schweizerische Industrie Gesellschaft (SIG) reported total Scope 1, 2, and 3 emissions of approximately 2.13 billion kg CO2e for the 2023 reporting year. This figure comprises approximately 19 million kg CO2e for Scope 1, about 500,000 kg CO2e for Scope 2 (market-based), and approximately 1.95 billion kg CO2e for Scope 3.

In the preceding year, 2022, SIG's total emissions were approximately 2.08 billion kg CO2e, consisting of about 24.1 million kg CO2e for Scope 1, 48.1 million kg CO2e for Scope 2 (market-based), and 2.01 billion kg CO2e for Scope 3.

SIG has established significant climate commitments, including a long-term goal to achieve Net Zero greenhouse gas emissions by 2050. As part of its support for the Science Based Targets initiative's (SBTi) Business Ambition for 1.5°C, SIG has set near-term targets. By 2030, the company aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% from a 2020 base year. Furthermore, SIG is committed to reducing its Scope 3 greenhouse gas emissions by 51.6% per litre packed by 2030, also from a 2020 base year. For its long-term objectives, SIG aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2050 and Scope 3 emissions by 97% per litre packed by 2050, both from a 2020 baseline. SIG also pledges to continue sourcing 100% renewable electricity annually through 2030.