Siegfried Holding

Siegfried Holding, headquartered in Switzerland, has reported significant carbon emissions and has established ambitious climate commitments. In 2025, the company reported a total of approximately 683,000,000 kg CO2e across Scopes 1, 2, and 3. This breaks down to approximately 52,000,000 kg CO2e for Scope 1, approximately 16,000,000 kg CO2e for Scope 2 (market-based), and approximately 621,000,000 kg CO2e for Scope 3.

For Scope 3 emissions in 2025, the largest contributors were purchased goods and services, accounting for approximately 342,000,000 kg CO2e, followed by waste generated in operations at approximately 117,000,000 kg CO2e, and processing of sold products at approximately 47,000,000 kg CO2e.

Siegfried Holding has committed to a 50% reduction in its Scope 1 and 2 CO2 emissions by 2030, using 2020 as a baseline year. More recently, the company has set science-based targets, including a commitment to reduce absolute Scope 1 and 2 GHG emissions by 66.89% by 2033 from a 2020 base year. Furthermore, they aim to reduce absolute Scope 3 GHG emissions by 32.5% by 2033 from a 2022 base year, covering fuel and energy-related activities, upstream transportation and distribution, and waste generated in operations. Siegfried Holding has also committed to achieving net-zero emissions across its value chain by 2050, with a target of a 90% reduction in Scope 1, 2, and key Scope 3 emissions by that year. Additionally, the company aims for 85% of its suppliers, by emissions covering purchased goods and services, to adopt science-based targets by 2029.