thyssenkrupp Aerospace - Sustainability and Environmental Responsibility
Collaborating with the aerospace and defense industry to create resilient and sustainable supply chain solutions
Collaborating with the aerospace and defense industry to create resilient and sustainable supply chain solutions
Proactively responding to the challenges of climate change
The aerospace and defense industry is making significant progress in its collective aim of reaching net zero by 2050. Technological initiatives in the pursuit of sustainability are in full swing and wherever you look, from propulsion, to radical new aircraft designs, cutting-edge materials and fuels, the industry is deploying innovative and creative technologies aimed at decarbonization.
In addition to technological innovation and ambitious reduction targets, offsetting as a way to tackle greenhouse gas emissions is proving to be highly effective and is central to climate change plans in a net zero economy. It is an option we at thyssenkrupp Aerospace are fully embracing and it is paying sustainability dividends.
We have taken a proactive response to the increasingly evident impacts of climate change and an approach to sustainability that goes beyond mere compliance. In addition to cutting our emissions wherever and whenever we can, we are investing in a range of measures to deal with hard-to-abate emissions.
thyssenkrupp Aerospace carbon dioxide offsetting for the business year 2022/2023
We are very pleased to announce that we offset the equivalent of 2,080 tonnes of carbon dioxide in accordance with the Oxford Principles for Net Zero Aligned Carbon Offsetting for the fiscal year 2022-2023, which accounts for the full amount of our Scope 1 emissions for that period.
We did this by investing in carbon credits to support four different projects -
An afforestation project, aligned with SDGs 1, 8, 12, 13, and 15, that successfully removed 520tCO2e.
A tech-based removal initiative that made use of bio-based construction materials accounted for a further 520tCO2e.
A third initiative supporting forest management, aligned with SDGs 1, 2, 5, 8, 10, 12, 13, 15, and 17, helped avoid emissions of 520tCO2e associated with deforestation and degradation.
Lastly, we invested in Gyapa fuel-efficient cooking stoves, in alignment with SDGs 1, 3, 8, and 13, that helped avoid emissions of 520tCO2e.
Scope 1 and 2 emissions
Scope 1 and 2 emissions
We are initially focusing on Scope 1 and 2 emissions, like many other companies in the industry. Our current priority is to reduce our CO2 emissions by accelerating the use of solar panels on the roofs of our sites in Europe and the US, as well as looking at as many other ways of reducing energy consumption. We’re also proactively encouraging all our employees to come up with their own sustainability initiatives and will support those that are feasible.
We can help our customers to reduce their emission by, for example, combining shipments. Sustainability is a driver of supply chain resilience and the overall goal of our Materials as a Service strategy is to provide our customers with a transparent, robust, resilient and sustainable supply chain.
Scope 3 emissions
Scope 3 emissions
We are already turning our attention to Scope 3 emissions, those produced by our suppliers and customers. As well as aiming to make our own operations climate-neutral from 2030, we are supporting our customers in decarbonizing their supply chains. Green products and services, such as the ‘green steel’ that we will be supplying, are essential and support our ambition to be the largest mill-independent materials distributor and service provider in the western world and an industry leader in sustainability.
Dealing with Scope 3 emissions is complex because the process requires the collaboration and support of a wide range stakeholders and third parties, each with their own agenda. But despite the challenges, this is where the race to sustainability will ultimately be won. For many companies, the majority of their greenhouse gas emissions and cost reduction opportunities lie outside their own operations.
