Continental AG

Company Information

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

Our progress towards decarbonization

GHG Emissions

North Star

• Continental AG has a target to reduce absolute scopes 1 and 2 CO2e emissions 75% by 2030 from a base year of 2019

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

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

• Have an initiative in place to drive GHG emission-reduction through a company policy or behavioral change
• Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
• Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
• Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

Forests

Our actions – the Pathway

• Participate in jurisdictional approaches to promote the implementation of forests-related policies and commitments
• Work with direct suppliers to support and improve their capacity to comply with our forests-related commitments, policies, and other requirements
• Work with smallholders along the company's value chain to support good agricultural practices and reduce deforestation or conversion of natural ecosystems through financial or technical assistance
• Publicly disclose data on forest-related impact to investors through a public platform
• Have a publicly available forest policy, with well-defined goals and targets, that is used to inform internal decision-making
• Have board-level oversight of forests-related issues
• Assess company and suppliers' compliance with forests regulations and/or mandatory standards when sourcing commodities from regions with high deforestation risk 
• Have a no-deforestation policy that checks the following criteria: general or commodity-specific, publicly available, and company-wide

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Forests 2022

Water

Our actions – the Pathway

• Continental AG has a target to reduce water withdrawals per revenue by 2030 from a base year of 2019 starting in 2019. Continental AG have a target to reduce water withdrawals per revenue by 2030 from a base year of 2019 starting in 2019 
• Publicly disclose data on water-related impact to investors through a public platform
• Have board-level oversight of water issues
• Integrate water-related issues into the company's long-term business objectives
• Integrate water-related issues into the company's strategy to achieve long-term business objectives
• Regularly monitor and measure key water security metrics at least for 75% of the company's facilities

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Water 2022

Governance & Strategy

North Star

• Continental AG has a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

• Publicly disclose climate and environmental data to investors and customers through a public platform
• Have board-level oversight of climate-related issues
• Have a process for identifying, assessing, and responding to climate-related risks and opportunities
• Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

Buildings

Our actions – the Pathway

• Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

Value chain engagement

Our actions – the Pathway

• Have a supplier/customer engagement strategy to drive best practices in tackling environmental and climate-related issues

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022