Elma Electronic

Elma Electronic's reported carbon emissions

Elma Electronic, headquartered in CH and operating in the Electricity nec industry, has demonstrated a commitment to reducing its carbon footprint through ambitious targets. In 2024, the company reported total emissions of approximately 86.8 million kg CO2e, encompassing Scope 1 (around 1.3 million kg CO2e), Scope 2 (approximately 1.3 million kg CO2e), and Scope 3 (about 84.1 million kg CO2e). This marks a reduction from the 2023 total emissions of approximately 100 million kg CO2e and the 2022 total of roughly 144.2 million kg CO2e. Elma's climate strategy is anchored by a net-zero commitment by 2050, aiming to reduce absolute CO2e emissions by at least 90% from a 2023 base year. Further reinforcing this long-term goal, the company has set near-term targets: a 45% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions, and a 25% reduction in absolute Scope 3 GHG emissions, both by 2030, using a 2021 base year. These targets align with the company's commitment to Science Based Targets initiative (SBTi) and are considered to be consistent with keeping warming to 1.5°C. Specifically, Elma aims for a 95% reduction in absolute Scope 1 and 2 emissions by 2050, and a 90% reduction in absolute Scope 3 emissions within the same timeframe, also from a 2021 base year. The company's reported progress indicates it is on track for its near-term targets.