Gea Group Aktiengesellschaft · XETR:G1A
Gea Group Aktiengesellschaft — GEA Group — ESG Presentation (December 2023)
22 slides from Gea Group Aktiengesellschaft's sustainability presentation, December 2023
Slide 1: Climate Transition Plan 2040
Climate Transition plan 2040 Our pathway to Net Zero Stefan Klebert, Chief Executive Officer Dr. Nadine Sterley, Chief Sustainability Officer
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements. Forward-looking statements may include, in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. Statements wit
Slide 3: The climate crisis is a fundamental challenge for humanity
The climate crisis is a fundamental challenge for humanity 2023 is the warmest year on record Growing threat from extreme weather events Rapid and consistent action required to achieve Paris climate targets 3
Slide 4: Decarbonization is not possible without engineering expertise
Decarbonization is not possible without engineering expertise Mechanical engineering is a sustainability enabler at the interface of many energy- intensive industries Innovative technologies and solutions play a decisive role in addressing climate change We can make a positive difference with engine
Slide 5: GEA: Leading global technology group and sustainability pioneer
GEA: Leading global technology KEY ACHIEVEMENTS group and sustainability pioneer Introduction of climate strategy in June 2021 Our purpose: Engineering for a Net Zero 2040 and SBTi- better world validated targets for 2030 Sustainability criteria for Our conviction: Climate suppliers introduced in pr
Slide 6: Recognition for our sustainability leadership
Recognition for our sustainability leadership ISS: German Sust. Award: MSCI: Sustainalytics: Prime Status1 Finalist „AAA“-Rating2 Low Risk 2023: Finalist for the German Sustainability Award CDP: DJSI Europe & World: EcoVadis: Sustainalytics: Climate A List Member „Gold“-Rating Top Rated 1 In Septemb
Slide 7: But we're not stopping here
But we‘re not stopping here 7
Slide 8: We are raising our ambitions…
We are raising our ambitions… 2040 GEA Net Zero 2030 2026 Scope 1 & 2 Ambitious 2019 80% long-term Scope 3 target remains Scope 1 & 2 27,5% Base 60% year Mid-term target Short-term target increased in all Reference set for the first scopes point for our greenhouse time Net Zero target 2040 gas emi
Slide 9: … and we let our shareholders vote
… and we let our shareholders vote Say on Climate: We give our shareholders a say on our climate protection activities We will present our Climate Transition Plan 2040 to our shareholders at the upcoming Annual General Meeting Our shareholders will be asked to approve this plan as part of a consulta
Slide 10: Why this step is so important to us
Why this step is so important to us We emphasize the importance of climate protection as a central element of GEA's strategic direction We are making our climate protection activities even more transparent and tangible We are actively involving our shareholders on the pathway to Net Zero 10
Slide 11: How we reach our goal
HOW WE REACH OUR GOAL GEA 2
Slide 12: Wide-ranging action plan being implemented
Wide-ranging action plan being implemented Public engagement Taking a public stance Value chain Holding the value chain accountable Own operations Transformation of our own operations Transformation of our Product portfolio product portfolio Our corporate culture is the backbone Corporate Culture 12
Slide 13: Scope 3: Important levers
Scope 3: Important levers Roll-out Implementation of Electrification of Scope 3 Add Better products Add Better Consulting our products Scope 3: General challenge for mechanical engineering sector Our customers' production processes tend to be very energy- Product innovation Digital services Sustaina
Slide 14: Deep Dive: Add Better – resource-efficient customer solutions
Deep Dive: Add Better – resource-efficient customer solutions Automated milking Spray drying up to 19% up to 49% less energy less energy Aseptic blower Marine separator up to 31% up to 9% less energy less energy 14
Slide 15: Deep Dive: Decarbonization in the beverage industry
Deep Dive: Decarbonization in the beverage industry Prospering industry with expected annual production growth of around 5% until 2028. Current estimated global production output: EUR 0.95 trillion1 Sustainability is one of the top 3 decision-making criteria when awarding contracts in this indust
Slide 16: Scope 1 & 2: Decarbonizing our sites worldwide
Scope 1 & 2: Decarbonizing our sites worldwide 1 Exiting fossil fuels 100% Total investments of EUR Exit from fossil energy by 2040 ~ 175 million 2 Electrification of fleet 100% planned to Emission-free company vehicles decarbonize our by 20301 sites by 2040 3 Self-generated 25% renewable electrici
Slide 17: Deep Dive: Photovoltaic Park Hachen
Deep Dive: Photovoltaic Park Hachen We are expanding our own generation1 of renewable electricity Starting in 2024 we will finance a photovoltaic park on GEA-owned land in Hachen, Germany This will enable us to generate up to 18% of our electricity requirements in Germany by ourself 1This includes b
Slide 18: Outlook
OUTLOOK ~
Slide 19: Targets embedded in Executive Board and top leadership remuneration
Engagement for Climate Transition Plan 2040: Targets embedded in Executive Board and top leadership remuneration Reduction of greenhouse gas emissions from own operations (Scope 1 & 2, Long Term Incentive) Reduction of greenhouse gas emissions caused by the product portfolio (Scope 3, Long Term Ince
Slide 20: Next steps
Next steps December 12, 2023 From January 2024 March 7, 2024 April 30, 2024 Announcement: Scope 3 emission Publication of the Publication of GEA Annual General Climate Transition target integrated into GEA Sustainability GEA's detailed Meeting / Plan 2040 and Say on Executive Board Report 2023 Clima
Slide 21: GEA's pathway to a sustainable future
GEA's pathway to a sustainable future The world needs more committed companies that lead the way. Climate protection remains the most important topic for the future, and we continue to set standards in our industry in this area. Our machines, systems and processes make a decisive contribution to a n
Slide 22: Engineering for a better world.
| Engineering for a better world.