Monetizing Innovation and Financial Reconciliation slide image

Monetizing Innovation and Financial Reconciliation

Creating sustainable value and improving lives with optical solutions ESG update: Sustainability Strategy, Carbon Neutrality Goal, ESG Committee ESG ACHIEVEMENTS - Second group sustainability report published, demonstrating our commitment to transparency and accountability (GRI compliant) - Development and implementation of a comprehensive group sustainability strategy including climate strategy, aligned with the Paris Climate Agreement' 1.5° C target - Comprehensive reporting of CO2 emissions, including our own activities (Scope 1 + 2) and significant progress in reporting emissions along the value chain (Scope 3) - Establishment of the ESG Committee, driving our sustainability efforts and ensuring focused decision-making Release of our Sustainability Policy and internal Sustainability Guideline, guiding our actions towards a more sustainable future ESG GOAL Carbon neutrality by 2030 Group to be carbon neutral (Scope 1 & 2) by 2030, endeavor towards net zero ambition Near and long-term targets for science- based reductions of Scope 3 emissions (purchased goods/services) Strategy based on principle "avoid, reduce, compensate", reduction path developed - 100% green electricity at production sites in Germany and Austria Reducing emissions via energy efficiency measures at several locations, plan established to compensate for inevitable CO2 emissions CO2 saving of 9% compared to basis year 2021 39 8 CO₂ amu OSRAM
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