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European Climate Pact

Overview

Location

Germany

Sector

Manufacturing

Organisation type
Business

Company Information

Odelo designs and produces automotive exteriorlLighting products and plastic parts. The company is based in Stuttgart, Germany, and has 3,500 employees.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Odelo has a target to reduce absolute scopes 1, 2 and 3 CO2e emissions 100% by 2039 from a base year of 2020.
  • Odelo has a target to reduce absolute scopes 1 and 2 CO2e emissions 10% by 2022 from a base year of 2021. Odelo has a target to reduce intensity of scopes 1 and 2 CO2e emissions 10% per unit of production by 2022 from a base year of 2021

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Have a target to increase renewable energy consumption

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Odelo have 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 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

 

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 (01/08/2022)

Data source: CDP Climate Change 2022