GEA Group

Industrial Machinery
G1A.DE
€ 36 2.1
Share price
$ 6.6 bn
Market Cap
$ 6.4 bn
Enterprise Value

Carbon footprint

10 Ton
GHG emissions per $ 1 mln investment
0.36x the weighted average for S&P 500
FY2020
How is this calculated?
-10%
YOY change in GHG emissions
In line with the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-5.5%
Proj. YOY change in GHG emissions (Scope 1 + 2)
In line with the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

GEA Group aims to reduce Scope 1 + 2 by 60% by 2030 from a base year 2019


1.5°C
GEA Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-5%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.7% weighted average for S&P 500
FY2021
How is this calculated?

GEA Group aims to achieve net zero for all Scopes by 2040


This target has not been verified as science based according to SBTi
GEA Group's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

GEA Group's GHG emissions (location-based) (Kt of CO2e)
GEA Group's Carbon intensity (Tons per 1 USDm)

GEA Group's carbon footprint

GEA Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 65 Kt (-7.4 /-10.3% y-o-y). Also positively, carbon intensity declined to 12 t (-1.2 /-9.2% y-o-y).

GEA Group's Scope 3 emissions was up at 27,843 Kt (+5,256/+23% y-o-y). The growth has slowed compared to the trend since 4Q'17 (CAGR +345%).

The company is committed to reducing Scope 1 + 2 by 60% by 2030 from a base year 2019, which translates into the estimated reduction of -3.6 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2040, which translates into the estimated reduction of -1,133 Kt per annum over the period of FY2021 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing Scope 3 by 18% by 2030 from a base year 2019, which translates into the estimated reduction of -708 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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