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SUSTAINABILITY - MAY 2022

REDUCE THE FOOTPRINT NEW CO2 STRATEGY

The new Geberit strategy for reducing CO2 emissions builds on the successes of recent years and adds new measures to the existing approach.

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CEO Christian Buhl explains the new CO2 strategy

Sustainability is part of Geberit's DNA. For decades, the company has strived to optimise its products and processes with concern for the environment and in the interests of climate protection. This also applies with regard to the CO2 footprint. CEO Christian Buhl: “Since the integration of the ceramics business in 2015, we have reduced our CO2 emissions in relation to sales by 38,3 percent“. In absolute terms, Geberit has even exceeded the target set: The target was a reduction to 240 000 tonnes of CO2. In 2021, emissions were 217 009 tonnes.

Overview of the CO2 emissions between 2015 and 2021.

Minus 5 percent per year
Geberit is continuing along this successful path with its new strategy for reducing CO2 emissions. In doing so, the company is focusing on short- and medium-term targets in order to achieve a long-term effect. The goal is to reduce CO2 intensity* by 5% annually. By 2035, this would reduce relative CO2 emissions by 80% compared to 2015.

* CO2 intensity or relative CO2 emissions refers to the level of CO2 emissions in relation to currency adjusted net sales; the reference year is 2015, the year of the acquisition of the ceramics business.

CO2 has a price
The core element is the integration of the CO2 strategy into all relevant business processes and the treatment of CO2 emissions as costs by means of a CO2 reference price that will be defined once a year. The reference price serves as a decision-making aid when it comes to investments in energy or CO2-reducing measures.

In this way, the responsibility for reducing one's own CO2 footprint is broadly supported within the company, and it is ensured that the measures taken have a long-term and sustainable effect.