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European Climate Pact

Overview

Location

Germany

Sector

Manufacturing

Organisation type
Business

Company Information

Seidel develops and produces aluminum and plastics design products with a primary focus on cosmetic packaging solutions. The company is headquartered in Marburg, Germany.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Seidel has a target to reduce intensity of scopes 1 and 2 CO2e emissions 50% per unit revenue by 2022 from a base year of 2013. This is a year-on-year reduction rate of 5.6% per unit revenue over the next 1 years

Pledge: Have a short-medium term GHG emissions reduction target (scope 1+2) with a 2.1% year-on-year reduction at a minimum

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

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Water

Our actions – the Pathway

  • Seidel have a target to reduce total water withdrawals by 2022 from a base year of 2017 starting in 2017
  • Publicly disclose data on water-related impact to investors through a public platform
  • Integrate water-related issues into the company's financial planning
  • 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
  • Provide C-suite incentives for the management of water related issues
  • 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 (28/07/2022)

Data source: CDP Water 2022

 

Governance & Strategy

North Star

  • Seidel have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

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 (28/07/2022)

Data source: CDP Climate Change 2022