SCHOTT Pharma, a pioneer in drug containment solutions and delivery systems, reaffirms its commitment to science-based climate action following the validation of SCHOTT Group’s updated climate targets by the Science Based Targets initiative (SBTi). The company will continue to contribute to achieving these targets as part of its sustainability strategy.
Climate action has been a strategic priority for SCHOTT Pharma for many years. As a research-driven company, SCHOTT Pharma believes that climate targets should evolve in line with scientific developments, technological progress and internationally recognised standards.
The updated SBTi target framework of the SCHOTT Group builds on the existing climate strategy and maintains the previously validated Scope 1 and Scope 2 emissions reduction target. At the same time, it introduces an updated approach to Scope 3 emissions, focusing on absolute emission reductions across the value chain.
Placing absolute Scope 3 emissions at the centre of the updated framework enables prioritising measures based on their emission reduction potential. This shifts the focus from supplier commitments to concrete product and process improvements across the value chain. As a result, decarbonisation efforts can be directed toward the most relevant sources of emissions, including those beyond direct suppliers.
With the successful validation of the updated science-based targets framework, SCHOTT Group and SCHOTT Pharma discontinue their previous internal goal of “climate neutral by 2030,” which was focused on Scope 1 and 2 only and included compensation as a key component.
The updated validation confirms that SCHOTT Group’s climate targets are aligned with SBTi requirements. As science-based targets, they are aligned with the goals of the Paris Agreement and support efforts to limit global warming to 1.5 degrees Celsius.
The validated targets of the SCHOTT Group retain the existing commitment to reducing absolute Scope 1 and Scope 2 GHG emissions by 46.2 percent by fiscal year 2030 compared to a 2019 baseline.
In addition, they introduce an absolute Scope 3 target, committing to a 27.5 percent reduction in GHG emissions from value chain categories with the greatest climate impact for the SCHOTT Group over the same period. These include purchased goods and services (Scope 3.1), fuel and energy-related activities (Scope 3.3), and the processing of sold products (Scope 3.10).