The climate strategy in detail
Frequently asked questions
What measures will be taken to reach the goal of climate-neutrality?
Reduction and offsetting: the Vaillant Group will reduce its own CO2 emissions by 50 per cent by 2030. This will be accomplished through the increased use of electricity sourced from renewable energies, lower energy consumption within production processes and buildings, and a greener vehicle fleet.
The company will offset its remaining emissions by means of its own afforestation projects. As part of long-term projects, the Vaillant Group will plant new areas of forest in emerging countries. Until these planned new areas of forest capture all the emissions remaining after the reduction measures, the Vaillant Group will purchase CO2 certificates from existing and certified afforestation projects – thus becoming climate-neutral retroactively from 2020 onwards.
What are the costs associated with implementing the climate strategy?
In total, the costs of efficiency measures and CO2 offsetting in the period to 2030 will run into the tens of millions, with the lion’s share attributable to the efficiency measures.
Will the figures only include CO2 emissions or will they also cover other greenhouse gases?
As per the Paris Agreement, CO2 is classed as the universal unit of measurement worldwide when it comes to climate protection. The Greenhouse Gas Protocol, on the basis of which the Vaillant Group calculates its emissions, includes all greenhouse gases. These are converted into CO2 equivalents using a set formula. To find out more, please visit www.ghgprotocol.org
What is the Science Based Targets initiative?
When it comes to setting targets, the company is guided by the requirements of the Science Based Targets initiative of the UN Global Compact, World Resources Institute, Carbon Disclosure Project and World Wide Fund for Nature. These scientifically sound requirements define the extent to which a company needs to reduce its greenhouse gas emissions – and the time frame in which it needs to do so – in order to contribute to achieving the 1.5-degree target.
We apply the Science Based Targets methodology to the emissions within our sphere of responsibility, i.e. Scope 1 and Scope 2 emissions, but not to emissions attributable to upstream and downstream stages of the value chain (Scope 3). We share responsibility for these emissions with suppliers and customers, for example, and do not have sole influence over them.