SCHREDER - Sustainability Report 2023


Solar Panel Project in Spain In line with SDG 7, our goal is to maximise the proportion of renewable energy in our global energy consumption. To achieve this, we are constantly looking for ways to reduce our manufacturing facilities’ reliance on fossil-based sources. Although we have been purchasing certified green electricity for our plant in Spain since 2020, we decided to invest in our own solar energy production and installed an 830 kWp solar panel system on the roof in 2023. Our goal was to generate at least 40% of the plant’s annual electricity needs from our own sources, as well as feeding at least 11% of the electricity back into the grid, thus contributing to the greening of Spain’s electricity supply.

Scope 2 Emissions Scope 2 emissions are indirect GHG emissions associated with the purchase of electricity, steam, heat, or cooling. Our Scope 2 emissions inventory is limited to electricity, as we only purchase electricity from listed sources. In 2023, our total Scope 2 emissions were 1,502 tonnes, an increase of 17% compared to 2022 (1,285 tonnes), but still 41% lower than our 2019 baseline (2,557 tonnes). This reduction is due to our ongoing efforts to purchase electricity from renewable sources wherever possible. Today, our production sites in Spain, Hungary and Australia use 100% green electricity, which represents 60% of our total electricity consumption. Although we continue to increase the proportion of ‘green’ electricity we use, our total electricity consumption increased by 15% in 2023, ultimately leading to an increase in Scope 2 GHG emissions that year. In 2023, we used 7,628 MWh of electricity compared to 6,648 MWh in 2022. The increase of almost 1,000 MWh is mainly due to higher production volumes at our production sites in Ukraine and Portugal.

Proportion of Green Electricity % Proportion of Green Electricity %



Green Electricity Fossil Based Electricity

Scope 2 emissions (tCO 2 e) Scope 2 Emissions (tCO 2 e)


2 557


1 502

1 285


SBTI Target 2030

7.2 By 2030, increase substantially the share of renewable energy in the global energy mix. 7.3 By 2030, double the global rate of improvement in energy efficiency.






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