ThyssenKrupp

Steel

TKA.DE

€ 8.1 0.12

Share price

$ 5.4 bn

Market Cap

$ 5.4 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

163x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -5.1% weighted average for S&P 500

FY2022

ThyssenKrupp aims to reduce Scope 1 + 2 by 30% by 2030 from a base year 2018

<2°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.9% weighted average for S&P 500

FY2022

ThyssenKrupp aims to achieve net zero for all Scopes by 2050

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

ThyssenKrupp reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 24,500 Kt (+1,800/+7.9% y-o-y). At the sime time, carbon intensity was down at 611 t (-110 /-15.2% y-o-y).

ThyssenKrupp's Scope 3 emissions increased sharply to 4,000 Kt (+200/+5.3% y-o-y). The performance has been erratic recently.

The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2018, which translates into the estimated reduction of -856 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -983 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q3	24,500	23,200	1,300	4,000	40,094	611
2020Q3	22,700	21,300	1,400	3,800	31,498	721
2019Q3	24,900	23,600	1,300	4,100	39,498	630
2018Q3	24,000	22,600	1,400		49,089	489