CEWE Stiftung & Co. KGaA

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

CEWE Stiftung & Co. KGaA has a target to reduce absolute Scope 1+2 (market-based) CO2e emissions 50% by 2025 from a base year of 2015.

CEWE Stiftung & Co. KGaA has a target to reduce absolute Total scope 3 emissions CO2e emissions 25% by 2025 from a base year of 2015.

Status date: Submitted (19/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Reported target data is checked for completeness. The target year should not have already passed. The target ambition is reported to be consistent with the level of decarbonization required to keep global temperature increase to below 1.5°C. The coverage of the target is also checked to include company-wide operations, i.e. covered emissions in the target base year are at least 95% of the total base year scope 1+2 emissions. Finally, targets are checked to have been officially approved by SBTi.

Pathway Pledges

Emissions

Have an internal price on carbon

Status date: Submitted (19/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Reported data is checked to gather details on how the organisation uses the price on carbon. Pledger must provide at minimum: the Scope(s) of emissions covered by the internal carbon pricing mechanism, the application of the price on carbon (i.e. the part(s) of the business decision-making process that the internal carbon pricing mechanism applies to), the actual carbon price level(s) used (Currency/metric ton), the variance of price(s) used, the type of internal price (e.g a shadow price or internal fee). Finally this pledge requires details on the impact and implication of setting a price on carbon (i.e a company-specific description of how the organization uses the internal price on carbon).

Multi-topic

Publicly disclose climate and environmental data to investors and customers through a public platform

Status date: Submitted (19/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Pledging organisation is confirmed to have disclosed publicly on their climate and environmental impact. For example by responding publicly to the CDP Climate Change Questionnaire.

Implement climate scenario analysis as part of your business strategy setting

Status date: Submitted (19/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Pledging organisation has reported they use climate-related scenario analysis to inform its strategy. Pledger must provide at a minimum: details on the climate-related scenarios and models applied (e.g. 2DS, IEA 450, Greenpeace, DDPP, IRENA etc.) as well as additional information such as how the selected scenario(s) were identified, with reference to the inputs, assumptions and analytical methods used.