Kloeckner & Co SE

Common Name
Kloeckner & Co
Country
Germany
Sector
Basic Materials
Industry
Steel
Employees
6,531
Ticker
KCO
Exchange
XETRA
Description
Kloeckner & Co. SE is a leading global company in the steel and metal distribution sector. Primarily, Kloeckner & Co. serves the purpose of supplying a wide array of steel and metal products including...

Kloeckner & Co's Climate Target Data Preview

As of 2024, Kloeckner & Co has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 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 Kloeckner & Co ’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 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
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 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
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Verified Sources Behind Kloeckner & Co’s Climate Targets Data

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a. Kloeckner & Co's Sustainability Report 2024
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Insights into Kloeckner & Co's Greenhouse Gas Emissions Pathways

As of 2024, Kloeckner & Co 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 Kloeckner & Co have a target to reduce the emissions from its operations?

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

Kloeckner & Co's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 83,457 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Kloeckner & Co is ahead of schedule on its operational emissions reduction target, having achieved 57.79% of the planned reduction. a

Kloeckner & Co's Operational (Scope 1+2) Emissions Pathway

2019202420302040025 k50 k75 k100 kBaselineCurrent (-52%)Target 2040 (-90%)

Does Kloeckner & Co have a target to reduce the emissions from its value chain?

As of 2024, Kloeckner & Co has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Kloeckner & Co's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 90,835 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Instead of reducing value chain emissions, Kloeckner & Co has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a

Kloeckner & Co's Value Chain (Scope 3) Emissions Pathway

2019202420302040030 k60 k90 k120 kCurrent (+10%)Target 2030 (-50%)Target 2040 (-90%)
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