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European Climate Pact

Overview

Location

Germany

Sector

Manufacturing

Organisation type
Business

Company Information

Henkel is a global chemicals company active in both industrial and consumer businesses across three business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. The company is headquartered in Düsseldorf, Germany. As of 2021, Henkel had approximately 52,450 employees and generated sales of 20 billion Euro.

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Henkel AG & Co. KGaA has a target to reduce intensity of scopes 1 and 2 CO2e emissions 67% per metric ton of product by 2030 from a base year of 2017
  • Henkel AG & Co. KGaA has a target to reduce intensity of scope 3 CO2e emissions 30% per metric ton of product by 2030 from a base year of 2017

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 (29/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • 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 consumption
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Henkel AG & Co. KGaA has a target to consume 100% of electricity from renewable sources by 2030 from a baseline of 6% renewable electricity consumption in 2017

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Forests

Our actions – the Pathway

  • Henkel AG & Co. KGaA has a target to increase sustainable production and/or consumption of Palm oil to 100% by 2025 starting in 2008
  • Henkel AG & Co. KGaA has a target to increase sustainable production and/or consumption of Palm oil to 100% by 2025 starting in 2015
  • Have at least 90% of commodities certified in a no-deforestation compliant certification
  • 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
  • Have forests issues be fully integrated in all parts of long-term strategic business plans
  • 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
  • Have a system to control, monitor, and verify compliance with no-deforestation policies/commitments that covers all relevant operations and supply chains and shows more than 90% of total volume in compliance

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Forests 2022

 

Water

Our actions – the Pathway

  • Henkel AG & Co. KGaA have a target to reduce water withdrawals per unit of production by 2025 from a base year of 2010 starting in 2016
  • Engage our suppliers to report on their water use, risks and/or management information
  • 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 (29/07/2022)

Data source: CDP Water 2022

 

Governance & Strategy

North Star

  • Henkel AG & Co. KGaA have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

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 (29/07/2022)

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 (29/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues
  • 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 (29/07/2022)

Data source: CDP Climate Change 2022