Spadel

Spadel, headquartered in Belgium and operating in the collected and purified water and distribution services industry, reported global greenhouse gas emissions of approximately 151.7 million kg CO2e for 2024. This total includes Scope 1 emissions of 7.39 million kg CO2e, Scope 2 market-based emissions of 18,000 kg CO2e, and Scope 3 emissions of 143.92 million kg CO2e. The largest contributors to Scope 3 emissions were purchased goods and services (89.03 million kg CO2e), upstream transportation and distribution (20.70 million kg CO2e), and downstream transportation and distribution (18.60 million kg CO2e).

Looking back, Spadel's total emissions in 2023 were approximately 116.04 million kg CO2e, with Scope 1 at 6.60 million kg CO2e, Scope 2 at 304,000 kg CO2e, and Scope 3 at 115.65 million kg CO2e. In 2022, the company's total emissions stood at about 140.34 million kg CO2e, comprising Scope 1 emissions of 5.34 million kg CO2e, Scope 2 market-based emissions of 17,000 kg CO2e, and Scope 3 emissions of 134.99 million kg CO2e.

Spadel has established ambitious climate commitments. The company is committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2050, validated by the Science Based Targets initiative (SBTi) with a 1.5°C classification. For near-term targets, Spadel SA aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using a 2022 base year. Additionally, it commits to reducing absolute Scope 3 emissions (covering fuel and energy-related activities, waste generated in operations, employee commuting, use of sold products, and end-of-life treatment of sold products) by 25% within the same timeframe. Spadel also targets that 60% of its suppliers, by emissions covering purchased goods and services, capital goods, upstream transportation and distribution, and downstream transportation and distribution, will have science-based targets by 2028. For long-term goals, Spadel SA commits to a 90% absolute reduction in Scope 1 and 2 GHG emissions by 2050 from a 2022 base year, and a 90% reduction in absolute Scope 3 GHG emissions within the same timeframe. These targets are cascaded from Spadel SA, the ultimate parent company.