Question: Has the company established an Net Zero interim target for 2030?
Answer:
Yes
15533552
Chris Adams
2021
Unverified - Added by Community
updated 10 months ago by Manali Rana

pg. 119

“Once a complete carbon footprint 1 and the analysis of the CO2 footprint were established, the companies of Schwarz Group defined climate protection targets according to the SBTi methodology, and integrated them into measures to reduce, avoid, or offset CO2 emissions in operations and the supply chain. The companies of Schwarz Group will reduce their operational greenhouse gas emissions (scope 1 and 2) in total by 55 percent by 2030 compared to 2019. As part of this initiative, Lidl and Kaufand have set themselves the target of reducing their operational greenhouse gas emissions by 80 percent over the same period. To achieve this target, the companies of Schwarz Group will purchase 100 percent of their electricity 3 from renewable sources from fiscal year 2022. Lidl and Kaufland are going one step further, and aiming for climate neutrality in relation to operational scope 1 and scope 2 emissions. Kaufand plans to meet this target by 2025 at the latest, Lidl by 2022.”

Manali Rana.....2023-08-07 13:28:20 UTC