Group-wide climate strategy
Climate change poses enormous challenges for our society and demands action at all levels of society. As the Schwarz Group, we aim to minimizing the impact of climate change and steadily reducing greenhouse gas emissions. To achieve this, we are committed to the following three principles:
- We prevent the generation of greenhouse gas emissions wherever possible.
- We reduce greenhouse gas emissions that we cannot prevent.
- We offset (based on internationally recognized standards) operational greenhouse gas emissions (scope 1 & 2) that we are currently not able to prevent or reduce.
Science Based Targets as the basis of our climate targets
As part of our group-wide climate strategy, we officially joined the Science Based Targets initiative (SBTi) already in August 2020. Following a complete analysis of the carbon footprint, climate protection targets were set according to the methodology of the SBTi and developed in line with measures to reduce, prevent, or offset CO2 emissions in operations and along the supply chain. These targets were validated by the SBTi and officially approved.
Our climate targets:
As the Schwarz Group, we will reduce our operational greenhouse gas emissions by 55 percent by 2030 compared to 2019 levels.* As part of this initiative, Lidl and Kaufland have set themselves the target of reducing their operational greenhouse gas emissions by 80 percent over the same period. In addition, Schwarz Gruppe commits to reduce absolute scope 3 emissions from use of sold products covering sold fuels 27.5 percent by FY2030 from a FY2019 baseline. We also require suppliers, which are responsible for 78 percent of product-based emissions, to set their own Science Based Targets by 2026. In order to achieve this, the entire Schwarz Group intends, among other things, to obtain 100 percent of its electricity from renewable sources from fiscal year 2022 onwards. Lidl and Kaufland are going one step further and focus on climate neutrality.*** A variety of measures to reduce, prevent, or offset CO2 emissions in operations and along the supply chain serve to achieve these targets.
For more information visit the “Ecosystems” section.