Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate change
• Social responsibility
• Governance

Environmental Achievements

• Goal to achieve CO2 neutrality by 2035 (Scope 1 and 2 emissions).

Social Achievements

• Received more than 145,000 job applications internationally (a record high).
• Improved ranking in the Young Professionals in Engineering ranking in Germany.

Governance Achievements

• Published a declaration of conformity with the German Corporate Governance Code (DCGK) with one exception (age limit for board members).
• Implemented a new corporate structure with five divisions.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the COVID-19 pandemic and semiconductor shortages.
• Increased raw material prices (aluminum, copper, nickel, tin).
• Increased energy prices (gas, electricity).

Mitigation Strategies

• Strict cost and investment management.
• Hedging and price adjustment clauses in contracts.
• Medium-term planning for energy procurement.
• Intensified screening of supplier financial and performance data.
• Establishment of a cross-functional team to react quickly to changes in the situation and to prevent possible damage due to disruptions in the supply chain.

Supply Chain Management

Supplier Audits: Annual

Responsible Procurement

• Supplier Code of Conduct
• Due diligence processes for business partners and suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Production interruptions, delivery delays, or delivery failures.

Transition Risks

• Changes in legal frameworks and stricter limit values at national or transnational level.
• Increasing efforts by legislators to introduce CO2 pricing via emissions trading systems.
• Increased taxes and stricter energy legislation.
• Negative perception and limited attractiveness among stakeholder groups such as customers and investors due to the emissions balance and emission intensity of Rheinmetall.

Opportunities

• Development of energy-efficient products
• Synergies from know-how in the civilian business for the development of new military vehicles.
• Opportunities for ecological and economic sustainability through consideration of the entire life cycle from development, operation to recycling.

Reporting Standards

Frameworks Used: GRI, UNGC

Certifications: ISO 9001, IATF 16949, AQAP, ISO 9100, ISO 14001, ISO 50001, ISO 45001

Third-party Assurance: Deloitte GmbH Wirtschaftsprüfungsgesellschaft

Sustainable Products & Innovation

• Hydrogen recirculation blowers
• Electrical vapor pump (EVAP)
• Variable mechanical water and oil pumps
• Fuel tank isolation valve
• High-voltage coolant pumps
• Electrical climate compressor (eCC)
• High-voltage switches
• Pyro fuses
• Pyro closers
• Air purification devices