Sgb-Smit GmbH 2024 Sustainability Report
Company: Sgb-Smit GmbH
Sector: Manufacturing
Country: Germany
Year: 2024
Type: Sustainability Report
Pages: 61
The report describes SGB-SMIT Group's 2024 sustainability progress, including a 53% reduction in market-based Scope 1 and 2 emissions versus 2020, renewable energy use of 38%, and completion of a comprehensive Scope 3 inventory. It also presents a double materiality assessment covering impact and financial perspectives, along with carbon-neutrality goals for Scopes 1, 2, and 3. Social highlights include a workforce of 3,243 employees, diversity initiatives, health and safety programs, and community engagement. Historical energy and Scope 1 and 2 data were restated following changes to data collection methodology and reporting boundaries.
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