Syntegon

Syntegon, headquartered in Germany and operating in financial intermediation services, aims for significant carbon emission reductions.

For 2025, Syntegon anticipates total emissions of approximately 2.25 billion kg CO2e, including Scope 1 emissions of 4.67 million kg CO2e, Scope 2 emissions (market-based) of 2.67 million kg CO2e, and Scope 3 emissions of 2.25 billion kg CO2e. Key contributors to Scope 3 emissions are the use of sold products (2.07 billion kg CO2e) and purchased goods and services (101.94 million kg CO2e).

In 2024, Syntegon reported Scope 1 emissions of 4.74 million kg CO2e and Scope 2 emissions of 7.80 million kg CO2e. For 2023, Scope 1 emissions were 4.92 million kg CO2e and Scope 2 emissions were 7.42 million kg CO2e. In 2022, Scope 3 emissions were approximately 1.44 billion kg CO2e, and combined Scope 1 and 2 emissions were 19.86 million kg CO2e.

Looking back, in 2021, Syntegon's Scope 1 emissions were 6.27 million kg CO2e and Scope 2 emissions were 10.13 million kg CO2e. In 2020, Syntegon reported Scope 1 emissions of 7.49 million kg CO2e, Scope 2 emissions of 11.28 million kg CO2e, and Scope 3 emissions of 619.89 million kg CO2e. For 2019, Scope 1 emissions were 8.25 million kg CO2e, Scope 2 emissions were 11.47 million kg CO2e, and Scope 3 emissions were 649.85 million kg CO2e.

Syntegon has set several ambitious climate commitments:

• Overall Reduction Targets: The company aims to reduce its total greenhouse gas (GHG) emissions by 25% by 2025 and 50% by 2030, both against a 2019 baseline.
• Near-Term Scope 1 & 2 Targets: Syntegon targets a 25% reduction in Scope 1 and Scope 2 emissions by 2025 compared to 2019. This is further reinforced by a commitment to reduce Scope 1 and 2 GHG emissions by 50% by 2030 from a 2019 base year.
• Near-Term Scope 3 Targets: Syntegon commits to reducing absolute Scope 3 GHG emissions from purchased goods and services and use of sold products by 25% by 2030 from a 2022 base year.
• Climate Neutrality: Long-term, Syntegon aims to become CO2-neutral across Scope 1, Scope 2, and Scope 3 emissions by 2050. Additionally, the company aims to be CO2-neutral by 2024 across all scopes.

These commitments are supported by Science Based Targets initiative (SBTi) approval, with Syntegon Technology GmbH committing to absolute Scope 1 and 2 GHG emissions reductions of 48.3% by 2030 from a 2019 base year, consistent with a 1.5°C warming scenario.