5.1 Targets
As part of managing Schindler’s global sustainability commitment and its Sustainability Roadmap 2030, Schindler has defined nonfinancial targets. Specifically in the context of climate-related risks and opportunities, Schindler has key climate-related targets such as Schindler’s SBTi-approved GHG emissions reduction commitment in the near (2030) and medium (net-zero target in 2040) terms and the use of 100% renewable electricity by 2025 following the RE100 initiative led by the Climate Group (a nonprofit organization with a mission to drive climate action). In 2025, Schindler’s scope 1 and 2 emissions were reduced by 31% and its scope 3 emissions were reduced by 50% compared to the 2020 base year. The reduction rates are aligned with Schindler’s climate transition plan and are faster than the linear rate defined by the SBTi. Schindler’s commitment does not only address climate issues, but also includes social and governance dimensions as defined in the table below.
| Topic | Target | Results 2025 | ||
|---|---|---|---|---|
| Health and safety | Maintain the frequency rate (Fh) of Lost Workday Cases (LWDC) at or below 1.5 | 2.7 | ||
| Inclusion and diversity | 30% share of women in senior leadership positions by 20301 | 26% | ||
| Energy management and climate change | 100% renewable electricity by 2025 | 100% 2 | ||
| 50% GHG emissions reduction for scope 1 and 2 by 2030 | –31% | |||
| 42% GHG emissions reduction for scope 3 by 2030 | –50% | |||
| Net zero in GHG emissions by 2040 | in progress | |||
| Resilient supply chain management and procurement | EcoVadis assessment of suppliers representing > 85% of production material factory spend by 2025 | 86% | ||
| Increase the average EcoVadis assessment score for the top 100 production material factory suppliers (by spend) to 55 by 2025 | 59 | |||
| Ethics and integrity | Maintain the completed corruption risk evaluations in every country where Schindler is doing business at 100% | 100% | ||
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1 This target does not apply to Schindler’s operations in the United States of America, which are therefore excluded from the calculation of the global percentage.
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2 See footnote 4 on page 17.
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