GlobalData offers a comprehensive analysis of Beiersdorf, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Beiersdorf‘s ESG performance. GlobalData’s company profile on Beiersdorf offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Beiersdorf, a global personal care company, is committed to achieving net-zero emissions by 2050 and has set specific targets to reduce its carbon and greenhouse gas (GHG) emissions. The company aims to reduce its Scope 1, Scope 2, and Scope 3 emissions by 30% by 2025 compared to a 2018 baseline. Beiersdorf also plans to source 100% of its main renewable raw materials from sustainable sources by 2025. Additionally, the company aims to have 100% of its packaging be refillable, reusable, or recyclable by 2025. According to the sustainability report, in 2022 the company's emissions, Scope 1 emissions was 180,698 tCO2e, Scope 2 emissions was 2,644 tCO2e and scope 3 (GHG emissions considering biofuels certificates) 1,023,679 tCO2e & scope 3 (GHG emissions not considering biofuels certificates) 1,034,279 tCO2e.
Beiersdorf has already taken steps to reduce its emissions and achieve its sustainability goals. The company has increased the number of products in its range that use recycled materials. In 2022, Beiersdorf initiated a carbon-insetting project using the GOLD Standard methodology to reduce emissions in the shea supply chain. The company has also launched the NIVEA MEN "Climate Care Moisturizer," which contains ethanol made from CO2, showcasing its commitment to innovative and sustainable product development.
To achieve its net-zero targets, Beiersdorf is investing in high-quality, certified climate change mitigation projects and working with suppliers to decrease emissions by implementing recycled materials in packaging. The company is also focusing on reducing waste in its production facilities and aims to achieve a 30% reduction by 2025 compared to a 2018 baseline.
Beiersdorf recognizes the importance of a circular economy in addressing climate change and is committed to conserving and reusing resources to save energy and reduce emissions. The company is actively measuring its GHG emissions and carbon footprint and using digitalization to obtain more accurate data for tracking and optimizing its climate action plan.
In conclusion, Beiersdorf is dedicated to achieving net-zero emissions by 2050 at the latest. The company is taking significant steps to reduce its carbon and GHG emissions, increase the use of sustainable materials, and promote a circular economy. Through its commitment to sustainability and innovation, Beiersdorf is working towards a climate-caring future.