Schréder’s climate targets approved by SBTi for scope 1, 2 and 3 GHG emissions

Environmentally, economically, and socially sustainable lighting has always been part of our DNA. In 2019, we formalised our commitment to reducing our carbon footprint and to contributing to the UN Sustainable Development Goals with our “Together for Our Future” programme.

In 2023, we wanted to go further and we committed to setting near-term company-wide emissions reduction targets with the Science Based Targets initiative (SBTi)*. 

Today, we are pleased to announce that our new carbon emissions reduction targets have been approved by the SBTi.

Schréder's climate reduction targets have been approved by the SBTi

Schréder commits to reducing absolute scope 1 and 2 GHG emissions by 52,5% by 2030 compared to the 2019 base year in line with a 1.5°C trajectory. 

We are also committed to reducing absolute scope 3 GHG emissions from the use of products sold by 27,5% within the same timeframe.

This 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 contribute to achieving the objectives of the Paris Agreement and creating a more sustainable future.

Xavier Uhlen - Schréder Audit, Risk and Sustainability Director
Xavier Uhlen
Schréder Group Audit, Risk and Sustainability Director

We are proud to have joined more than 4,500 organisations worldwide that are leading the way by setting emissions reduction targets in line with SBTi.
 

(*) The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.