EDAG Engineering Group AG

Common Name
EDAG Engineering Group
Country
Switzerland
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
9,133
Ticker
ED4
Exchange
XETRA
Description
Edag Engineering Group AG is a prominent engineering service provider specializing in the automotive industry. The company offers a comprehensive range of engineering solutions, encompassing vehicle e...

EDAG Engineering Group's Climate Target Data Preview

As of 2024, EDAG Engineering Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into EDAG Engineering Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind EDAG Engineering Group’s Climate Targets Data

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a. EDAG Engineering Group's Sustainability Report 2024
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Insights into EDAG Engineering Group's Greenhouse Gas Emissions Pathways

As of 2024, EDAG Engineering Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does EDAG Engineering Group have a target to reduce the emissions from its operations?

As of 2024, EDAG Engineering Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

EDAG Engineering Group's most ambitious operational target is to reduce these emissions by 81% by 2030, compared to a baseline of 21,938 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, EDAG Engineering Group is ahead of schedule on its operational emissions reduction target, having achieved 92.01% of the planned reduction. a

EDAG Engineering Group's Operational (Scope 1+2) Emissions Pathway

20212024203005.5 k11 k16.5 k22 kBaselineCurrent (-75%)

Does EDAG Engineering Group have a target to reduce the emissions from its value chain?

As of 2024, EDAG Engineering Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

EDAG Engineering Group's most ambitious value chain target is to reduce these emissions by 43% by 2030, compared to a baseline of 37,038 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, EDAG Engineering Group is lagging behind on its value chain emissions reduction target, having achieved 3.21% of the planned reduction. a

EDAG Engineering Group's Value Chain (Scope 3) Emissions Pathway

20212024203009.5 k19 k28.5 k38 kCurrent (-1%)Target 2030 (-43%)
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