Phoenix Mecano AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Phoenix Mecano AG disclosed greenhouse gas emissions of 25.1K t CO2eq/year. By scope: Scope 1: 6.3K t CO2eq/year; Scope 2: 18.9K t CO2eq/year; Scope 3: 223.9K t CO2eq/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
25.1K t CO2eq/year
2023
⚡
Renewable Energy
21%
of total energy
💧
Water Usage
141.0K m3/year
2023
⚙️
Energy Use
67.1K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).6.3K t CO2eq/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.18.9K t CO2eq/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).223.9K t CO2eq/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202325.1K t CO2eq/year
202223.0K t CO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Halve CO2 emissions from own operations (Scope 1+2) per unit of sales by 2030 compared with 2021.

🔭 Long-term

  • Net zero emissions from own operations (Scope 1+2) by 2050.

🌱 ESG Focus Areas

Climate ChangeSocial ResponsibilityGovernance

⚠️ Challenges & Risks +

  • Increased CO2 tax on fossil fuels leading to higher operating costs.
  • Keeping pace with developments in the circular economy by accepting additional costs in development and product life cycle management.
  • Identifying the environmental footprint of Phoenix Mecano’s products and determining Scope 3 greenhouse gas emissions entails high costs and ties up human resources.
  • Procuring new machinery and switching to more carbon-neutral production processes involves higher costs.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards