Endress+Hauser has achieved a further milestone in sustainability: The Science Based Targets initiative has validated the Group’s greenhouse gas reduction targets. Both the near-term target for 2034 and the net-zero target for 2050 are therefore in harmony with the 1.5-degree Celsius path of the Paris Climate Agreement and correspond with current scientific findings.
The Science Based Targets initiative (SBTi) offers a framework and guidelines to ensure that companies’ emission reduction targets are in accordance with the latest scientific findings. Endress+Hauser has committed to reach net-zero greenhouse gas (GHG) emissions by 2050. The Group thus supports the efforts of the Paris Agreement to limit global warming to 1.5 degrees Celsius above the pre-industrial level.
Dr Peter Selders |
Group sets itself ambitious goals.
The SBTi has now validated Endress+Hauser’s reduction targets. These include the absolute GHG emissions in the company through energy consumption (scope 1) and purchased energy (scope 2), as well as in the upstream and downstream value-added chains (scope 3). Compared to the base year 2023, the Group must reduce its emissions by 90 percent; a maximum of 10 percent may be offset through permanent carbon removal and storage according to the SBTi guidelines.
As a near-term target, Endress+Hauser has committed to reducing absolute GHG emissions in scopes 1 and 2 by 80 percent by 2034, again compared to 2023. Scope 3 emissions are to be reduced by 35 percent over the same period. “These targets are ambitious, but we are well positioned,” said the Group’s corporate sustainability officer Julia Schempp. “We have already identified areas of action and have developed a sustainability strategy for our portfolio.”
Measures to reduce emissions.
Julia Schempp |
The Group has also taken a raft of measures to reduce emissions in the upstream and downstream value-added chains. At 97 percent, scope 3 accounts for almost the entire carbon footprint of the Group. “This results from the purchase of steel and aluminum, which we use in our devices, as well as the long service life of our measurement technology,” explained Julia Schempp. The company wants to tackle this in purchasing and product design.
Finalist in the German Sustainability Award.
These efforts are also reflected in the company’s high ranking in the German Sustainability Award. It is considered Europe’s greatest recognition for ecological and social commitment. In 2024, the independent foundation honored 100 pioneers from business, science and the public sector for their contributions to sustainable transformation. Endress+Hauser was among the three finalists in the measurement and control technology category.
The award is based on demanding assessments by a jury of experts. Transparent processes and objective criteria help the nominated companies and organisations to further improve their sustainability performance. The German Sustainability Award was presented on 28 November 2024 in Düsseldorf as part of the German Sustainability Day, one of the leading congresses of its kind.
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