Phoenix Contact Group

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, Phoenix Contact Group disclosed greenhouse gas emissions of 800.0K tCO2e (Scope 1-3 2023 Use-Phase not included). By scope: Scope 1: 31.0K tCO2e (2023); Scope 2: 58.7K tCO2e (2023); Scope 3: 710.3K tCO2e (2023 estimated). 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
800.0K tCO2e (Scope 1-3 2023 Use-Phase not included)
2023
⚡
Renewable Energy
100% (electricity since 2022)
of total energy
💧
Water Usage
374.3 ML (2023)
2023
♻️
Waste
7.7K tons (non-hazardous 2023)
2023
⚙️
Energy Use
270.8K MWh (2023)
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).31.0K tCO2e (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.58.7K tCO2e (2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).710.3K tCO2e (2023 estimated)

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
2023800.0K tCO2e (Scope 1-3 2023 Use-Phase not included)
2021820.0K tCO2e (Scope 1-3 in 2021)

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

  • Reduce total energy consumption by 3% (vs. 2018) by the end of 2025 (achieved ahead of schedule).

📅 Medium-term

  • Cover at least 30% of electrical energy required with renewable energies by 2030.

🌱 ESG Focus Areas

Climate ChangeEnergy EfficiencyResource ManagementSocial ResponsibilityEmployee Well-beingDiversity & InclusionOccupational Health & SafetyCorporate ComplianceSupply Chain Sustainability

⚠️ Challenges & Risks +

  • Supply chain disruptions due to geopolitical events and port congestion.
  • Increased air freight volumes due to supply chain challenges.
  • Economic downturn impacting production levels and revenue.
  • Increasing regulatory requirements for lead reduction and cybersecurity.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI