We are proud to announce that our Science Based Target is approved!

At the KAYSER Automotive Group, we consider responsible and sustainable action to be a basic principle of our corporate success. We are therefore pleased to announce that a so-called Science Based Target (SBT), an emissions reduction target, has been confirmed for the KAYSER Automotive Group by the Science-Based Targets Initiative (SBTi), which we aim to achieve by 2032. This target is a further step towards achieving CO2 neutrality at KAYSER Automotive Group by 2038. The official scientific wording for our target set for the near future is:
“Kayser Automotive Group commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2032 from a 2021 base year. Kayser Automotive Group also commits to reduce absolute scope 3 GHG emissions covering purchased goods and services and capital goods 30.0% within the same timeframe.”

Explanation of the terms:
GHG emissions (Green House Gas emissions) are the emissions that are partly responsible for the greenhouse effect. The scopes describe the areas of relevance into which the emissions are divided. Scope 1 emissions result from emission sources within the company, such as the company’s own power plants or vehicle fleets. Scope 2 emissions include emissions from the generation of sourced energy, e.g. electricity. Scope 3 emissions are all other indirect emissions that result from the company’s activities but are caused by sources that are not under the direct control of the company. These include, for example, emissions resulting from the extraction and production of raw materials and materials used or from the use of products and services sold.

We are looking forward to an exciting implementation period and would like to thank the Science-Based Targets Initiative.