Salzgitter AG

Common Name
Salzgitter
Country
Germany
Sector
Basic Materials
Industry
Steel
Employees
23,868
Ticker
SZG
Exchange
XETRA
Description
Salzgitter AG is a leading steel and technology company based in Germany, with robust operations in the steel production and processing industry. The primary aim of the company is to produce and suppl...

Salzgitter's Climate Target Data Preview

As of 2024, Salzgitter has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 8 absolute reduction targets and 1 intensity-based target target, 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 Salzgitter ’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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2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2028
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2028
Absolute-based Target*
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2028
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 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Investments (Cat. 15)
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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2045
Absolute-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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2028
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

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 Salzgitter's Greenhouse Gas Emissions Pathways

As of 2024, Salzgitter 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 Salzgitter have a target to reduce the emissions from its operations?

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

Salzgitter's most ambitious operational target is to reduce these emissions by 90% by 2045, compared to a baseline of 11,255,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2024, Salzgitter is lagging behind on its operational emissions reduction target, having achieved 8.3% of the planned reduction.

Salzgitter's Operational (Scope 1+2) Emissions Pathway

202120242030204503 M6 M9 M12 MCurrent (-7%)Target 2030 (-50%)Target 2045 (-90%)

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

As of 2024, Salzgitter has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

Salzgitter's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 21,460,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2024, Salzgitter is ahead of schedule on its value chain emissions reduction target, having achieved 22.84% of the planned reduction.

Salzgitter's Value Chain (Scope 3) Emissions Pathway

202120242030205005.5 M11 M16.5 M22 MBaselineCurrent (-21%)Target 2050 (-90%)

Does Salzgitter have a target to reduce its total carbon footprint?

As of 2024, Salzgitter has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Salzgitter's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 1.863 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured in 2021, by 20% by 2028.

Instead of reducing total carbon footprint, Salzgitter has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.

Salzgitter's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20212023202800.511.52Current (+2%)Target 2028 (-20%)
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