GEA Group AG

Common Name
GEA Group
Country
Germany
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
18,347
Ticker
G1A
Exchange
XETRA
Description
Gea Group AG is a leading technology supplier, specializing in machinery, plant engineering, and related services for myriad industries worldwide. Its primary function is to deliver efficient producti...

GEA Group's Climate Target Data Preview

As of 2023, GEA Group has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 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 GEA 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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2026
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into GEA Group's Greenhouse Gas Emissions Pathways

As of 2023, GEA 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.

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

As of 2023, GEA Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

GEA Group's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 67,500 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, GEA Group is ahead of schedule on its operational emissions reduction target, having achieved 58.89% of the planned reduction.

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

20192023202620302040020 k40 k60 k80 kBaselineCurrent (-53%)Target 2040 (-90%)

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

As of 2023, GEA Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

GEA Group's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 37,659,263.496 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, GEA Group is ahead of schedule on its value chain emissions reduction target, having achieved 24.67% of the planned reduction.

GEA Group's Value Chain (Scope 3) Emissions Pathway

201920232030204009.5 M19 M28.5 M38 MBaselineCurrent (-22%)Target 2040 (-90%)
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