All European companies with a minimum turnover of EUR 40 million in 2023 that publicly report their carbon emissions data and have received at least a B- rating in their Carbon Disclosure Project (CDP) rating were eligible. The ranking method is based on the annual reduction in emission intensity of Scope 1 and Scope 2 in relation to turnover during the period 2018-2023, with an annual reduction rate (Compound Annual Reduction Rate, CARR) of more than 3%. Other criteria were also taken into account, including the disclosure of Scope 3 emissions, commitment to the CDP and the Science-based Targets Initiative (SBTi), as well as progress in the absolute reduction of emissions.

"The fact that Dormakaba is once again considered as one of Europe's Climate Leaders confirms our consistent course towards climate protection and sustainable business. This award is not only a recognition of our progress to date – it also motivates us to persist in pursuing our climate goals now and in the future. It is also great to see some of our customers on the list who are committed to a common goal in our industry," says Stephanie Ossenbach, Group Sustainability Officer at Dormakaba.

Dormakaba has set itself the science-based target of reducing its operational emissions (Scope 1+2) by at least 42% by the end of financial year 2029/30 in accordance with the Paris Agreement’s aim to limit global warming to 1.5°C (baseline 74,770 tCO2 in financial year 2019/20). To achieve this, the company has developed a climate change plan with must-have initiatives along six levers. These include investing in projects to increase energy efficiency, increasing the generation of solar power on-site, purchasing electricity from renewable energy sources, improving the fuel consumption of vehicles and heating systems and electrifying the vehicle fleet.

Since 2019/20, the company has reduced its Scope 1 + 2 emissions by 12,500 tCO2e (as of the end of financial year 2023/24). By integrating a circular economy and ecodesign approach, Dormakaba is also working to reduce its Scope 3 emissions, focusing on reducing emissions from purchased goods and services as well as those generated during the use phase of the products sold.