ThyssenKrupp

Steel

TKA.DE

€ 4.7 1.8

Share price

$ 3.2 bn

Market Cap

$ 3.2 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

208x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -9.3% weighted average for S&P 500

FY2023

ThyssenKrupp aims to reduce Scope 1 + 2 by 30% by 2030 from a base year 2018

<2°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -1.4% weighted average for S&P 500

FY2023

ThyssenKrupp aims to achieve net zero for all Scopes by 2050

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

ThyssenKrupp reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2022 at 22,200 Kt (-1,600 /-6.7% y-o-y). Also positively, carbon intensity tumbled to 458 t (-135 /-22.8% y-o-y).

ThyssenKrupp's Scope 3 emissions plunged to 3,600 Kt (-300 /-7.7% y-o-y). The parameter has been fairly volatile.

The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2018, which translates into the estimated reduction of -675 Kt per annum over the period of FY2023 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -921 Kt per annum over the period of FY2023 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q3	22,200	21,400	800	3,600	48,427	458
2021Q3	23,800	22,800	1,000	3,900	40,094	594
2020Q3	22,000	21,300	1,000	3,800	31,498	699
2019Q3	24,100	22,800	1,300	4,100	39,498	610
2018Q3	24,000	22,600	1,400		49,089	489