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European Climate Pact

Overview

Location

Germany

Sector

Manufacturing

Description of organisation

Continental AG is the parent company of the Continental Group, which operates across the Automotive Technologies, Rubber Technologies, and Powertrain Technologies sectors.* It is headquartered in Hannover, Germany. In 2021 Continental AG had 190,875 employees and reported a turnover of 33,8 billion Euros.**

*Source here

Organisation type
Business

Our progress towards decarbonization

 

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

Continental AG has a target to reduce absolute Scope 1+2 (market-based) CO2e emissions 100% by 2040 from a base year of 2018.

Status date: Submitted (28/07/2021)

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.

Energy

Have a target for 100% renewable electricity consumption by no later than 2050, in line with the RE100 technical criteria

Status date: Submitted (28/07/2021)

Data source: RE100 initiative

MRV: Yes*

*Reported electricity consumption target data is checked for completeness. The level of ambition of the target is checked by assessing that the target year is no later than 2050 and the coverage of the target includes the whole company operations. Finally, organisations are checked to be publicly commited to the RE100 campaign.

 

Pathway Pledges

Energy

Have a target to improve energy efficiency 

Status date: Submitted (28/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Reported data is checked for completeness. Pledger must provide at a minimum: a base year, target year, figure or percentage in the base year, figure or percentage in the target year and a target numerator if reporting an intensity target.

Forests

Publicly disclose data on forest-related impact to investors through a public platform

Status date: Submitted (28/07/2021)

Data source: CDP Forests 2021

MRV: Yes*

*Pledging organisation is confirmed to have disclosed publicly on their forest-related impact. For example by responding publicly to the CDP Forest Questionnaire.

Have a publicly available forest policy, with well-defined goals and targets, that is used to inform internal decision-making

Status date: Submitted (28/07/2021)

Data source: CDP Forests 2021

MRV: Yes*

*Pledging organisation has reported they have a documented forest policy that is publicly available. It may be a stand-alone forest policy document or another equivalent document that includes the forest policy such as a "sustainability policy". They have described the scope or coverage of the forest policy, as well as the aspects that are covered by their policy.

Multi-topic

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

Status date: Submitted (27/07/2021)

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 (27/07/2021)

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.

Water

Have a target to reduce water withdrawals

Status date: Submitted (27/07/2021)

Data source: CDP Water 2021

MRV: Yes*

*Reported data is checked for completeness. Pledger must provide at a minimum the quantitative metric of the target (e.g. an absolute reduction in total water withdrawals, % reduction in total water withdrawals, or % increase in water use met through recycling/reuse), baseline year, start year and target year. The target year must be beyond the current year.

Publicly disclose data on water-related impact to investors through a public platform

Status date: Submitted (27/07/2021)

Data source: CDP Water 2021

MRV: Yes*

*Pledging organisation is confirmed to have disclosed publicly on their water management and water-related impact. For example by responding publicly to the CDP Water Security Questionnaire.

Commitment to align with public policy initiatives, such as the SDGs, related to water security

Status date: Submitted (27/07/2021)

Data source: CDP Water 2021

MRV: Publicly announced