thyssenkrupp nucera AG & Co. KGaA
Climate Impact & Sustainability Data (2023-10 to 2024-09)
Reporting Period: 2023-10 to 2024-09
Environmental Metrics
Total Carbon Emissions:683,839 tCO2e (Scope 3)
Scope 1 Emissions:286 tCO2e
Scope 2 Emissions:561 tCO2e
Scope 3 Emissions:683,839 tCO2e
Renewable Energy Share:29%
Total Energy Consumption:8,669 GJ
Water Consumption:3.18 million liters
Waste Generated:194 tons
Carbon Intensity:171,805 tCO2e per M€ Sales in FY23/24
ESG Focus Areas
- Climate Change
- Energy and Resource Efficiency
- Health and Safety
- Working Conditions of Own Workforce
- Equal Treatment and Opportunities in Own Workforce
- Corruption and Bribery
- Sustainability Requirements in the Supply Chain
Environmental Achievements
- Completed a GHG emissions impact assessment
- Achieved 29% renewable energy share in total energy use in FY23/24
- Relocated HQ to a new office building meeting KfW Efficiency Building 40 EE and DGNB Gold certification standards.
Social Achievements
- Launched annual Development Dialog, with 52% participation rate (530 employees)
- Ranked as one of the Houston Business Journal’s Best Places to Work 2024
- Implemented the Learning Management System (LMS) for tracking training programs
Governance Achievements
- Established a robust ESG governance framework
- Completed the first Materiality Assessment
- Joined the United Nations Global Compact (UNGC)
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero emissions for Scope 3 by 2050
Medium-term Goals:
- Achieve net-zero emissions for Scopes 1 and 2 by 2030
Short-term Goals:
- Increase the proportion of women in management at headquarters in Germany to 25% by 2028
Environmental Challenges
- 30% rise in energy consumption compared to the previous fiscal year due to workforce growth
- Complexity of the value chain poses challenges in data transparency and availability of primary data for Scope 3 emissions
- Limited data transparency in water consumption data at some locations due to shared office spaces
Mitigation Strategies
- Implemented an Environmental Management System in accordance with ISO 14001
- Established an energy management team and developed an energy efficiency plan
- Invested in energy-efficient equipment, including LED lighting and occupancy sensors
Supply Chain Management
Supplier Audits: 10 out of 10 planned audits completed in FY23/24
Responsible Procurement
- Supplier Code of Conduct (SCoC)
- Sustainability self-assessments
- Third-party audits
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards, EU Taxonomy Regulation
Certifications: ISO 14001, ISO 50001 (German HQ), ISO 45001 (83% of workforce)
Third-party Assurance: KPMG AG Wirtschaftsprüfungsgesellschaft
UN Sustainable Development Goals
- Goal 7: Affordable and clean energy
- Goal 8: Decent work and economic growth
- Goal 9: Industry, innovation and infrastructure
- Goal 11: Sustainable cities and communities
thyssenkrupp nucera's activities contribute to these SDGs through the production of green hydrogen and sustainable technologies
Sustainable Products & Innovation
- High-efficiency industrial-scale electrolyzers
- Oxygen depolarized cathode (ODC)
Awards & Recognition
- TIME 100 Most Influential Companies for 2024
- Houston Business Journal’s Best Places to Work 2024