COMPO, a leading supplier of branded home and garden plant products in Europe, has received validation of its near-term climate targets by the Science Based Targets initiative (SBTi). This makes COMPO the first company in its industry whose emission reduction targets are officially recognised as science-based and in line with the 1.5 degree pathway of the Paris Climate Agreement - a key milestone in COMPO's ESG programme and Green Leadership pledge and the recognition of an outstanding achievement that has significance far beyond the industry.

Focus on protecting nature and the environment: COMPOs ambitious reduction plan

With the successful SBTi validation, COMPO has committed to significantly reducing climate-relevant emissions along the entire value chain within the next five years. The targets meet the strict requirements of the SBTi and are based on the latest findings in climate science. "The validation of our near-term targets by the SBTi as the first company in our industry is a milestone in our ESG programme and a clear commitment to responsible action. We are thus sending out a strong signal in favour of climate protection and transparency along the entire value chain," explains Stephan Engster, CEO of COMPO. Currently, only a very small percentage of less than 1 per cent of all companies worldwide have a target recognised by SBTi.

Measurable success: Significant improvements in carbon footprint

"With the SBTi near-term targets, COMPO is committing to an overall reduction in absolute greenhouse gas emissions in the value chain of 25 per cent by 2030 compared to the base year 2022. COMPO has already been able to implement effective measures to reduce CO₂ emissions in recent years," explains Dr. Katharina Uhlenbrock, who is responsible for the process internally.

"With the SBTi validation, COMPO is emphasising its role as a green leader in the industry and setting new standards for sustainable corporate management. We are proud to already be able to demonstrate significant reductions in GHG emissions and will continue to pursue our reduction plan in the future. The implementation of the targets is regularly reviewed and communicated transparently," says Engster. "With the SBTi validation, the medium-sized company headquartered in Münster is seamlessly joining the ranks of top international companies such as Henkel, Miele, L'Oréal and Beiersdorf, with the common goal of making a fundamental contribution to limiting global warming and its consequences, while at the same time reliably supporting trading partners in achieving their own climate targets."

For reasons of better readability, only COMPO is referred to. However, this refers to COMPO Consumer GmbH. It bundles all international companies of the Group that are included in the SBTi validation.