Franke

Franke Holding AG, headquartered in Switzerland (CH) and operating in the basic iron and steel industry, has established comprehensive climate commitments. The company aims to achieve net-zero CO2e emissions across its production and entire value chain by 2050, with interim targets.

For 2025, Franke estimates its Scope 1 emissions to be approximately 8,708,000 kg CO2e, Scope 2 emissions (market-based) at about 14,365,080 kg CO2e, and Scope 3 emissions at approximately 15,137,386,000 kg CO2e. In 2024, Franke's Scope 3 emissions were reported as approximately 18,968,487,000 kg CO2e.

Looking back to 2023, Franke reported Scope 1 emissions of around 9,334,000 kg CO2e, Scope 2 emissions of approximately 17,811,000 kg CO2e, and Scope 3 emissions totalling about 20,326,365,000 kg CO2e. Specific categories within Scope 3 for 2023 included capital goods at approximately 39,964,000 kg CO2e, use of sold products at about 18,553,038,000 kg CO2e, purchased goods and services at around 1,601,042,000 kg CO2e, and upstream transportation and distribution at approximately 132,320,000 kg CO2e.

Franke is committed to reducing absolute Scope 1 and 2 GHG emissions by 56.0% by 2030, using a 2020 base year. This target is cascaded from its parent company, Franke Holding AG. Furthermore, Franke aims for a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050, also from a 2020 base year. Additionally, the company commits to reducing absolute Scope 3 GHG emissions from purchased goods and services, capital goods, and upstream transportation and distribution by 32.5% by 2033, again using a 2020 base year. Franke also plans to reduce absolute Scope 3 GHG emissions by 90% by 2050. These targets are inherited from Franke Holding AG through a corporate family relationship.

Franke's production site in Aarburg is CO2-neutral, achieved through the use of renewable energies, including hydro power, a wood chip plant, and a photovoltaic plant.