Phoenix Mecano AG 2024 SR
The report describes the Phoenix Mecano Group's sustainability performance for the 2024 financial year, highlighting a 10% increase in energy consumption due to the insourcing of production steps in China. Despite this, the share of renewable energy rose to 24%, and self-generated solar power now covers 12% of the Group's electricity needs. The company reported a 2.3% increase in Scope 1 and 2 emissions, which were externally audited for the first time. Phoenix Mecano continues to align with GRI and TCFD frameworks while working towards a net-zero target for its own operations by 2050.
Company: Phoenix Mecano AG
Sector: Industrials
Country: Switzerland
Year: 2024
Type: SR
Pages: 23
Phoenix Mecano AG
Sustainability Report
The report describes the Phoenix Mecano Group's sustainability performance for the 2024 financial year, highlighting a 10% increase in energy consumption due to the insourcing of production steps in China. Despite this, the share of renewable energy rose to 24%, and self-generated solar power now covers 12% of the Group's electricity needs. The company reported a 2.3% increase in Scope 1 and 2 emissions, which were externally audited for the first time. Phoenix Mecano continues to align with GRI and TCFD frameworks while working towards a net-zero target for its own operations by 2050.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Apr 23, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Women in Management
Workplace Fatalities
Net Zero Target
Employees