Steelcase Inc

Common Name
Steelcase
Country
United States
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
11,300
Ticker
SCS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Steelcase Inc. is a leading designer and manufacturer of furniture for office environments, known for pioneering new ways to work through creative and functional product designs. The company's primary...

Steelcase's Climate Target Data Preview

As of 2024, Steelcase has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 Steelcase ’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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2031
Absolute-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2031
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
* 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 Steelcase's Greenhouse Gas Emissions Pathways

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

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

Steelcase's most ambitious operational target is to reduce these emissions by 50% by 2031, compared to a baseline of 121,632 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2024, Steelcase is ahead of schedule on its operational emissions reduction target, having achieved 59.28% of the planned reduction.

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

202020242031035 k70 k105 k140 kBaselineCurrent (-30%)Target 2031 (-50%)

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

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

Steelcase's most ambitious value chain target is to reduce these emissions by 28% by 2031, compared to a baseline of 58,627 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Steelcase has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2031 value, achieving its climate goal ahead of schedule.

Steelcase's Value Chain (Scope 3) Emissions Pathway

202020242031015 k30 k45 k60 kBaselineCurrent (-37%)

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

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

Steelcase's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 990,640 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 90% by 2050.

Instead of reducing total carbon footprint, Steelcase has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

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

2020202420500400 k800 k1.2 M1.6 MBaselineCurrent (+42%)Target 2050 (-90%)
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