Climate strategy of HEIDELBERG

Climate protection is one of the most pressing tasks of our time. The climate strategy adopted by HEIDELBERG in financial year 2021/2022 was therefore reviewed in the past financial year 2023/2024 to ensure it was up-to-date and aligned with future requirements.

In the course of determining the corporate footprint for the first time in financial year 2022/2023, it became clear that emissions along the value chain (Scope 3) in particular offered the greatest potential for significant improvements at HEIDELBERG. The previous climate strategy had focused on reducing and avoiding Scope 1 and 2 emissions (production, development and sales locations). As these emissions represent only around 4 percent of the Company’s total emissions, an adjustment was necessary to take into account all of the CO2e emissions from HEIDELBERG’s value chain. With the newly adopted climate strategy, HEIDELBERG is striving to ensure that its business model is in line with the 1.5° path of the Paris Climate Protection Agreement.

 

HEIDELBERG is committed to the following short- and longterm science-based net zero CO2e reduction targets (based on the specifications of the Science-Based Target initiative) along its entire value chain up to financial year 2050/2051:

  • Reduction of absolute Scope 1 and 2 CO2e emissions by 42 percent and absolute Scope 3 CO2e emissions by 25 percent by financial year 2030/2031.
  • Reduction of absolute Scope 1, 2 and 3 CO2e emissions by 90 percent by financial year 2050/2051. The remaining 10 percent will then be offset with suitable compensation measures agreed within the framework of the SBTi.

Financial year 2021/2022 serves as the base year for the climate targets.

HEIDELBERG remains committed to its goal set in financial year 2021/2022 of achieving CO2e-free production at its production and development sites (Scope 1 and 2) by calendar year 2040 in order to be in line with national and regional climate targets.

To achieve this goal, HEIDELBERG is working on implementing the transformation concept developed in financial year 2022/2023 to make its production and development sites climate-neutral. Among other things, this provides for site-specific measures to increase energy efficiency and thus reduce Scope 1 and 2 emissions. Expanding in-house electricity production and green electricity procurement are further important building blocks in achieving this target.

Sustainability @ HEIDELBERG

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