SCHREDER - Sustainability Report 2023

1. Our Footprint As a manufacturing company, we have an impact on the planet’s resources all along our value chain. We use energy and raw materials to develop and assemble our products, and we also use logistics services in our supply chain. Furthermore, our products also consume electricity during their lifetime. Despite the technological advances of LED technology, this still represents 98% of our total carbon footprint according to the Greenhouse Gas (GHG) Protocol. At Schréder, we are committed to playing a key role in protecting the environment by reducing the impact of our manufacturing activities, products and services. We do this by reducing our consumption of materials and energy, and by helping our customers reduce their footprint through the use of the latest technologies in our luminaires.

The SBTi validation reflects our commitment to raise the bar in the fight against climate change by setting ambitious and comprehensive reduction targets that are in line with climate science. It gives us further confidence that our actions, and the sustainable lighting solutions we offer to our customers, will help achieve the objectives of the Paris Agreement and contribute to a more sustainable future.

To reinforce our commitment to reducing our environmental impact, and to align with climate science and the objectives of the Paris Agreement on climate change, in 2023 we committed to setting near-term company-wide emissions reduction targets with the Science Based Targets initiative (SBTi) 3 . In January 2024, we were pleased to publicly announce that our carbon emissions reduction targets had been approved by the SBTi.

Xavier Uhlen Group Sustainability Director


(3) The Science Based Targets initiative (SBTi) is a corporate climate action organisation that enables companies and financial institutions worldwide to play their part in combating the climate crisis.

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