SCHREDER - Sustainability Report 2024

Table of contents

Planet

Scope 3 Emissions Scope 3 emissions are all indirect emissions - not included in scope 2 - that occur in the company’s value chain, including both upstream and downstream emissions. In 2023, we set a near-term SBTi target to reduce our Scope 3 emissions by 27.5% by 2030 compared to our 2019 baseline. As 98% of our total Scope 3 emissions come from the use phase of our sold products, we have capped our Scope 3 near-term SBTi target for category 11 (use of sold products) in accordance with the SBTi target setting rules. Based on the principles of the GHG Protocol, emissions from products sold in a financial year must be calculated over their entire lifetime, which we have set at 100,000 hours (nominal lifetime of our outdoor products). Using this calculation method, the CO 2 emissions from our products sold in 2024 were 4.73 million tonnes, an 8% reduction compared to 2023 (5.15 million tonnes) and a 25% reduction compared to our base year 2019 (6.33 million tonnes). We have almost achieved our near-term SBTi target set for 2030 (-27.5%). Although this is a great result, it is mainly due to the reduction in our sales volume in 2024 (-15%), so we must continue to work hard to provide our customers with energy-efficient solutions that help us and our customers to reduce carbon emissions.

Scope 3 emissions - 3.11 Use of Sold Products (tCO 2 e) Scope 3 Emissions 3.11 Use of Sold Products (tCO 2 e)

6,33M

6M

5,15M

5M

4,73M

SBTI Target 2030

4M

2019

2023

2024

(3) SBTi requires that at least 67% of the total reported and excluded mandatory scope 3 emissions are covered under target(s). https:// sciencebasedtargets.org/faqs#which-emissions-are-mandatory-for- companies-to-include-in-their-sbti-validation

20

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