We strive for CO2 neutrality and a sustainable water footprint, and we follow the zero-waste approach.
We want to become climate neutral by 2040 and have set ourselves a 1.5°C-compatible target by 2030 at the Science Based Targets initiative (SBTi). This target provides for a reduction of -52,5 % CO2eq by 2030 in Scopes 1, 2 and 3. Our climate targets are flanked by continuous efficiency improvements and the increasing use of renewable energies. We have defined specific water targets based on the WWF Water Stewardship Project. In addition, we will utilise 100% of production waste for material recycling or energy recovery by 2025. In doing so, we maximise material recycling.
We want to become climate-neutral by 2040 and are, in the context of the SBTi, making our contribution towards limiting global warming to 1.5 °C.
*: Reference: finished goods + semi-finished goods sold + DIP sold
Find more information here.
We pursue the principle of a circular economy in the spirit of preserving resources.
For us, as a company with water-intensive production processes, water stewardship* takes a very high priority – we are aware of our responsibility for this important resource and its importance for people and the environment.
- Contextualised** corporate water risk goals:
- Water risks in the supply chain and in the river basin:
- Commitment beyond the supply chain:
*: Water stewardship is defined as a use of water that is socially and culturally equitable, environmentally sustainable and economically beneficial, and is achieved through a process that involves all stakeholders and comprises both site-specific and basin-wide measures
**: A goal that is derived from the context of the basin and contributes towards focusing the resources on the correct water-related challenges in the right places.
More information here: Sustainable water management at WEPA