thyssenkrupp recognized as leader in climate protection

Climate protection at thyssenkrupp enjoys worldwide recognition: For the fourth time in succession the non-profit organization CDP (formerly Carbon Disclosure Project) has recognized our Group as an international leader in climate protection.

We are once again one of 179 international companies on CDP's "Climate Protection A List". A total of 8,400 companies took part in the assessment. The scale ranges from A for top performance to F. The ranking assesses whether companies create transparency about their climate-relevant data and formulate a coherent strategy on how they can improve their own carbon footprint, but also that of their customers and suppliers.

Information such as that provided by CDP is becoming increasingly important for investors, among others. The demand for sustainable investment opportunities currently exceeds demand many times over. For several years, global asset managers have ranked climate change among the three biggest global risks.

CDP conducts its annual assessment on behalf of over 500 investors with assets of more than 96 trillion US dollars. The organization has the world's most comprehensive collection of company-related climate data, which is considered the benchmark in the capital markets.

thyssenkrupp CEO Martina Merz: "The ranking confirms that we are on the right track to consistently reduce our carbon footprint in production and our products. We regard climate protection not only as an obligation, but also as an opportunity for new business".

In accordance with its climate strategy, our Group aims to be climate-neutral by 2050, not only in terms of its own processes and purchased energy, but also in terms of emissions from our products. By 2030 we want to cut emissions from our own production and purchased energy by around 30 percent. Emissions from the use of our products are to be reduced by 16 percent by 2030.

the Science Based Targets initiative (SBTi) recognized thyssenkrupp's climate targets as science-based in summer 2019. At the same time, SBTi confirmed that thyssenkrupp is thereby moving in line with the goals of the Paris World Climate Conference in 2015.

CDP deliberately published this year's "A-list" the day before the start of the World economic Forum in Davos 2020. The agenda of this year's meeting of internationally leading economic experts, politicians, scientists, social actors and journalists is strongly influenced by the climate crisis.

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