Beiersdorf AG

Overview

Location: Germany
Sector: Manufacturing
Organisation type: Business
Our sustainability mission: We are facing a growing amount of environmental and societal challenges and the urgency, especially for global companies, to act and to contribute to a positive change has never been higher. To address the current global challenges, the United Nations have established a framework for sustainable development through the “Sustainable Development Goals” (SDGs). These are aimed at national economies, companies, and civil societies around the world. Sustainability has thus become the norm and is an obligation for all social actors more than ever.
We are committed to take on our responsibility and want to expand our efforts going forward. Therefore, guided by the UN “Sustainable Development Goals” and the Ten Principles of the UN Global Compact, we have developed a new sustainability agenda, which is an integral part of our C.A.R.E.+ corporate strategy. It will enable us to further expand our positive impact on our environment, our society and our consumers. Our new sustainability agenda defines seven focus fields, which are assigned to the areas ENVIRONMENT, SOCIETY and CONSUMER.
Our progress: See more info

North Star pledges

Emissions

Have an officially validated science-based emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

Additional info: Beiersdorf commits to reduce absolute scope 1 and 2 GHG emissions 30% by 2025 from a 2018 base year. This group-level target has been approved by SBTi in April 2020. In our consumer business segment, we have the same commitment. In Scope 1 and 2, small offices with less than 50 full-time equivalent have been excluded from the target boundary. All production sites and bigger offices are covered by this target.

What does this pledge mean: Nearly 200 nations at COP21 wrote into the Paris Agreement that globally we will aim to limit warming to below 2°C and pursue efforts to limit warming to under 1.5°C. However, there is a large gap between the level of ambition of the country commitments and targeted temperatures. Companies, which are responsible for a vast majority of the world’s emissions, must play a critical role in filling the gap left by country commitments by raising the level of ambition in their target setting and reducing their emissions in line with climate science.

Science-based target setting methods enable companies to set emissions targets that are consistent with conserving the remaining global emissions budget. A number of factors are taken into consideration in order to determine what is most appropriate for a given company. Please see the Technical Note on Science Based Targets and the 2022 climate change scoring methodology for information on best practices in target setting and what CDP considers a science-based target.
Companies are very strongly encouraged to have their targets officially evaluated by the Science Based Targets initiative (SBTi). CDP considers targets approved by the initiative to reflect best practices in science-based target setting. Targets submitted to the SBTi for an official evaluation by the deadline (tbc) with all information needed to assess the target, will be used for scoring in CDP’s 2022 climate change questionnaire.

Regardless of submission to SBTi, companies are expected to report emissions reductions targets in their CDP response. Targets that did not pass the SBTi’s review process or that have not been submitted for review prior to the deadline will still be evaluated using the information disclosed by each company in their CDP response. See the Technical Note for more details.

MRV: Yes. Info Link

Progress tracking: Info Link

Status date: Submitted (27/07/2021)

Data source: CDP Climate Change 2021

Join the Business Ambition for 1.5°C and publicly commit to have a net-zero by 2050 target and emissions reduction strategy in line with the SBTi Criteria and Recommendations

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What does this pledge mean: Link

MRV: Yes. Info Link

Progress tracking: Info Link

Status date: Submitted (27/07/2021)

Data source: CDP Climate Change 2021

Pathway pledges

Emissions

Have an internal price on carbon

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Whatdoesthispledge mean: Link

MRV: Yes. Info Link

Progress tracking: Info Link

Status date: Submitted (27/07/2021)

Data source: CDP Climate Change 2021