Benchmarking our approach

Following the emission categories of the Greenhouse Gas Protocol (GHG Protocol) where applicable, we calculated our emissions in 2024 and found that approximately 99% of our total carbon footprint along the value chain results from one emission category, the use-phase of our sold products.

Using 2024 as the base year, we are committed to an emission reduction of 30% for Scope 1 and 2 emissions by 2030 and to carbon neutrality for selected categories of Scope 3 emissions by 2050.

Environmental, social and governance related ratings and commitments help us to externally benchmark our approach and progress and better understand ESG-related risks and opportunities for the company. These ratings enable our customers and other stakeholders to assess our engagement and performance relative to our peers and within the industry. 

Commitments

The United Nations Global Compact (UNGC) is a United Nations initiative aimed at encouraging businesses and firms worldwide to adopt sustainable and socially responsible practices. Based on ten universal principles and sustainable development goals, the UNGC strives to create a more inclusive and sustainable economy for the benefit of all people, communities and markets – both now and in the future. Over 25’000 companies and organizations in more than 170 countries have joined the UNGC to demonstrate their commitment to this vision. Sulzer is proud to be a part of this effort.

Our ratings

Ecovadis is one of the leading, global providers of corporate sustainability ratings with a network of more than 130’000 rated companies. In 2024, Sulzer received a rating for being among . Ecovadis silver medal the top 15% rated companies.

The MSCI ESG rating measures a company’s financially relevant exposure and resilience to longterm, industry-relevant ESG risks. In 2024, (on a scale of AAA-CCC) in the MSCI ESG rating assessment. This rating places Sulzer in the “Leaders” group, particularly concerning the key issue of “governance.”

Morningstar Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry specific material ESG risks and how well a company manages those risks. This multi-dimensional approach to measuring ESG risk combines the concepts of management and exposure to arrive at an assessment of ESG risk (i.e., a total unmanaged ESG risk score or the ESG Risk Rating) that is comparable across all industries. Sustainalytics’ ESG Risk Ratings provide a quantitative measure of unmanaged ESG risk and distinguish between five levels of risk: negligible, low, medium, high and severe. Sulzer was certified as low risk, with a risk rating score of 18.4