Heraeus Precious Metals sets itself ambitious CO2 targets

Hanau (Germany), 08th December 2021

The precious metals division of Heraeus is making sustainability a core theme of its future strategy: Heraeus Precious Metals is committed to being CO2 neutral by 2025 and to no longer using fossil fuels from 2033.

Heraeus Precious Metals sets itself ambitious CO2 targets

With this clear goal, the division emphasizes its previous commitment to sustainability and Corporate Social Responsibility. "We have a social responsibility that we take very seriously. Our ambitious goals, which can only be achieved with the support of the entire workforce, underscore this," affirms André Christl, CEO Heraeus Precious Metals.

André Christl - CEO, Heraeus Precious Metals

With its targets, Heraeus Precious Metals has joined the Science Based Target Initiative. In order to gain speed in achieving these targets and to set up sustainability activities more effectively, a central Sustainability Team was installed as of August 1, 2021, with a direct reporting line to André Christl.

Under the leadership of Svea Scherleithner, the team will focus not only on strategic topics but also on implementing respective ambitious measures. The many previous activities to reduce CO2 emissions as well as other sustainability aspects such as diversity or the consumption of water and chemicals will thus receive additional impetus and focus.

The set targets mean a drastic rethink in many areas. To support the change within the organization, the core values of Heraeus Precious Metals have been supplemented by the aspects of sustainability and diversity. The guiding principle on the subject of sustainability, "We care about people and our planet," was hence anchored in the corporate culture of Heraeus Precious Metals.

With precious metal recycling and the respective circular economy, Heraeus Precious Metals is contributing to a more sustainable and cleaner world. In addition, precious metal catalysts and materials from Heraeus Precious Metals reduce the energy required in chemical processes, clean up exhaust gases or produce hydrogen in electrolysis.

The future products of Heraeus Precious Metals support the fight against man-made climate change in many places.

The CO2 target mentioned relates to Scope 1 and 2 and thus to the direct release of climate-damaging gases by the company itself as well as to the indirect release by energy suppliers.

ABOUT HERAEUS PRECIOUS METALS

Heraeus Precious Metals is a leading provider of precious metals services and products. We combine all activities related to our comprehensive expertise in the precious metals loop – from trading to precious metals products to recycling. We are one of the world’s largest refiners of platinum group metals (PGMs) and a leading name in industrial precious metals trading. Our precious metals products are used in a wide variety of industries, including the chemical, pharmaceutical, glass, electronics and automotive industries. We offer top quality solutions and products based on many years of experience and technical expertise. We are a reliable development partner for our customers and find the best solutions for their requirements.

ABOUT HERAEUS

Heraeus, the technology group headquartered in Hanau, Germany, is a leading international family-owned portfolio company. The company’s roots go back to a family pharmacy started in 1660. Today, the Heraeus group includes businesses in the environmental, electronics, health and industrial applications sectors. Customers benefit from innovative technologies and solutions based on broad materials expertise and technological leadership.

In the 2020 financial year, Heraeus generated revenues of €31.5 billion with approximately 14,800 employees in 40 countries. Heraeus is now one of the top 10 family-owned companies in Germany and holds a leading position in its global markets.