SCHREDER - Sustainability Report 2023


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 products after they have been sold, we have limited our Scope 3 near-term SBTi target for category 11 (use of sold products) in accordance with the SBTi target setting rules. 4 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 emissions from our products sold in 2023 were 5.19 million tonnes of CO 2 e, a 2.5% reduction compared to 2022 (5.32 million tonnes) and an 18% reduction compared to our base year 2019 (6.33 million tonnes). This result means we are on track with our 2030 SBTi trajectory and committed to continually developing solutions that help our customers reduce energy consumption and 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)






SBTI Target 2030





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


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