Press release
PWO Group Achieves Decarbonization Milestone Ahead of Schedule Oberkirch, SBTi targets achieved ahead of schedule Within the framework of the SBTi, we committed to reducing our absolute GHG emissions in Scope 1 and 2 by 46.2% and in Scope 3 by 28.0% by 2030 compared to the base year 2019. But now, seven years ahead of the planned deadline, we are proud to announce that not only did we meet these targets ahead of schedule but, at -51.0%, also surpassed the Scope 1 and 2 target by some considerable margin. This underlines our determination to do our bit to mitigate global warming. Success factor: sustainable action as a strategic goal Acting sustainably is both an obligation and an opportunity for PWO, which is why we have embedded it in our corporate strategy. The fact that we achieved our SBTi targets ahead of schedule while continuing to grow the Group proves the effectiveness of our strategy. Key factors behind this success include a comprehensive electrification of all processes, the consistent use of green electricity, a continuous improvement of energy efficiency and the stringent implementation of energy savings. Positive competition within the
The Executive Board
Contact: Investor Relations & Corporate Communications T. +49 179 6904 237 M. charlotte.frenzel.ext.ma@pwo-group.com
1,200 PRODUCT SOLUTIONS | 3,000 EMPLOYEES | 9 LOCATIONS | OVER 100 YEARS OF EXPERIENCE We are a global company in the mobility industry that is helping to shape the environmentally friendly mobility of the future through innovations and is entirely independent of combustion engines. As a values-based employer with informal structures at a global level, we offer our employees a meaningful environment for realizing their personal prospects. Transparent and responsible corporate governance is an integral part of our self-image. Our corporate strategy is summed up in the slogan PEOPLE. PLANET. PROGRESS.
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Language: | English |
Company: | |
Industriestraße 8 | |
77704 Oberkirch | |
Phone: | +49 (0)7802 84-844 |
Fax: | +49 (0)7802 84-789 |
E-mail: | ir@pwo-group.com |
Internet: | www.pwo-group.com |
ISIN: | DE0006968001 |
WKN: | 696800 |
Listed: | Regulated Market in |
EQS News ID: | 1844935 |
End of News |
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1844935 26.02.2024 CET/CEST