Together For Our Planet
Our SBTi validation is a strong signal that our innovation-led, science-based targets are driving real climate action, not just in our solutions, but across our operational entities. It reaffirms our commitment to help deliver on the Paris Agreement and shape a more sustainable future.
At Schréder, we are committed to protecting the environment by reducing the impact of our activities, products and services. We achieve this by reducing our own consumption and helping our customers to reduce theirs through the latest luminaire technologies.
This commitment is reflected in our targets to reduce carbon emissions in line with the Paris Agreement. In January 2024, the Science Based Targets Initiative (SBTi) approved our carbon emissions reduction strategy, further cementing our commitment to take climate action.
Our 2030 Ambitions
reduction of Scope 1 & 2 emissions by 2030 from a 2019 base year
reduction of Scope 3 emissions by 2030 from a 2019 base year
of sales will comprise circular lighting solutions in 2030
Our 2024 Results
reduction in Scope 1 & 2 emissions compared to 2019 base year
reduction of Scope 3 emissions compared to 2019 base year
of products sold achieved 4 stars for the Circle Light Label
Reducing our carbon footprint
In 2024, we reduced our Scope 1 & 2 emissions by 27% compared to the 2019 baseline.
The reduction in Scope 1 emissions was primarily driven by a 37% decrease in gas consumption, which was the result of a new powder coating line being installed at our Ukrainian plant. Despite the number of electric vehicles in our company fleet increasing by 6%, emissions from company cars decreased by only 1.6%, due to higher fuel consumption in other regions.
The reduction in Scope 2 emissions is thanks to our ongoing efforts to purchase electricity from renewable sources wherever possible. Today, our production sites in Spain, Australia and Portugal use 100% green electricity.
As 98% of our total Scope 3 emissions come from the use phase of our products after they have been sold, we have limited our Scope 3 near-term SBTi target for category 11 (use of sold products) in accordance with the SBTi target setting rules.
Emissions from our products sold in 2024 totalled 4.73 million tonnes of CO₂e. This represents an 8% reduction compared to 2023 (5.15 million tonnes) and a 25% reduction compared to our base year of 2019 (6.33 million tonnes). Although we have almost achieved our near-term SBTi target of reducing emissions by 27.5% by 2030, this is largely due to a 15% reduction in sales volume in 2024. We must continue to deliver energy-efficient solutions to help reduce our own and our customers' carbon emissions.
Sustainable solutions to help our customers reduce their carbon footprint
All our lighting solutions are designed with performance, resource efficiency and
waste reduction in mind and provide an extended lifespan.
They help our customers achieve their sustainability goals.
Circular design
In 2020, as part of our on-going mission to develop products with the lowest possible environmental impact, and in the absence of independent standards, we carefully analysed the potential circularity of luminaires to introduce a “circular lighting” product label.
This Circle Light Label challenges our development teams to integrate circular economy principles into product design. It assesses the luminaire circularity based on twelve objective criteria. It takes into account performance, maintenance, refurbishment, disassembly and recycling potential. In 2024, 53% of our luminaires sold had achieved 4 stars, the most, for our Circle Light Label.
We will continue to look for international standards that our process could meet.
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