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Planet
More Sustainable Production Plant in South Africa In line with our SBTi-approved carbon reduction targets, Schréder’s manufacturing site in South Africa has relocated to a new facility designed to improve energy performance, as part of our ongoing efforts to reduce operational greenhouse gas emissions. The new site is equipped with 532 photovoltaic (PV) panels , enabling it to generate around 300 MWh of renewable electricity each year - approximately 40% of the site’s total electricity demand. By increasing the share of on-site renewable energy, the installation reduces reliance on grid electricity and lowers the carbon intensity of our operations. The solar installation is expected to avoid around 280 tonnes of CO₂ emissions each year, thereby supporting Schréder’s efforts to reduce Scope 2 emissions and contributing to the implementation of our broader climate transition strategy in accordance with SBTi. Guided by our SBTi-approved science-based targets, we are accelerating the reduction of our Scope 2 carbon footprint through clear ambition and accountability. By continuously increasing our use of renewable electricity across our manufacturing sites, we are transforming how we power our operations. Our vision is simple yet bold: a future where all our facilities run entirely on renewable energy.
Scope 2 Emissions Scope 2 emissions comprise indirect greenhouse gas emissions associated with the purchase and consumption of electricity, steam, heating and cooling. As Schréder only purchases electricity, our Scope 2 accounting is limited to electricity consumption. In 2025, our Scope 2 emissions totalled 1,510 tCO₂e, representing a: • 4% decrease compared to 2024 (1,565 tCO₂e) • 36% reduction compared to the 2019 baseline (2,343 tCO₂e). This structural reduction compared to the base year reflects: • the installation of photovoltaic (PV) systems at production sites, including those in Spain and South Africa; • the procurement of 100% renewable electricity in selected countries, including Spain, Australia and Portugal. Total electricity consumption in 2025 was 7,251 MWh, a 1% increase on 2024’s figure of 7,209 MWh. Despite the overall increase in absolute consumption, Scope 2 emissions decreased due to the growing proportion of renewable electricity in our energy mix.
Proportion of Green Electricity %
31%
69%
Electricity Green Proportion kWh Fossil Based Electricity
Scope 2 Emissions (tCO2e)
3K
2 343
2K
1 565
1 510
1K
SBTI Target 2030
0K
2024
2025
2020
2022
Florentino Riesgo Group Operations Development & Continuous Improvement Director
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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