- Challenging external conditions including geopolitical uncertainties, conflicts, rising interest rates, high energy prices in Europe, and volatile raw material costs.
- Subdued order volumes in the non-wind sector and lower sales prices in China.
- Subdued consumer sentiment in Europe, especially in the shop fitting business.
- Low demand in the European construction industry due to high interest rates and greater competition.
- Economic downturn impacting the Transport and Industry business area.
- Difficulty recycling sandwich constructions due to material separation requirements.
- Rising energy prices and volatile material costs.
- Uncertain economic outlook for 2024 characterized by geopolitical risks, interest rates, inflation, and potential recession.
Schweiter Technologies AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Schweiter Technologies AG disclosed greenhouse gas emissions of 93.0K t CO2e/year. By scope: Scope 1: 33.8K tCO2e/year; Scope 2: 59.2K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
93.0K t CO2e/year
2023
Waste
18.7K tons/year
2023
Energy Use
333.8K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 33.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 59.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Launched several recycled products (CRYLUX®re, PERSPEX®re, CRYLON®re, DISPA®re, SWEDBOARD® Solid) in Europe.
- Established a Sustainability Board.
- All sites in Switzerland use 100% renewable electricity.
- 10 kW solar project initiated in Ecuador.
- All US sites have charging stations for electric vehicles.
- Montcada site in Spain acquired a solar park meeting a quarter of its electricity needs.
- Singen site installed a gas-powered steam boiler, reducing reliance on coal-fired power station.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue to place a clear focus on efficiency increases to further lift relative and absolute margins and on cash flow generation in 2024.
📅 Medium-term
- Return to sustainable double-digit EBITDA margins in the medium term.
🔭 Long-term
- The manufacture of all products of 3A Composites Europe should be climate-neutral by 2035.
- All products from 3A Composites Europe are to be 100% recyclable by the year 2035.
🌱 ESG Focus Areas
Responsible supply chain managementEnvironmental protection and resource efficiencySocial responsibilityGovernance