Fresenius Targets Carbon Neutral Operations By 2040
22 February 2022 - 9:05PM
Dow Jones News
By Maitane Sardon
Fresenius SE & Co. KGaA on Tuesday said it plans to power
its production sites and clinics with green energy to become carbon
neutral in its operations.
The German healthcare company said it aims to cut by half the
emissions from the resources it owns and controls by 2030, from
levels in 2020.
The company said it will gradually increase its consumption of
renewable electricity with long-term power purchase agreements and
will use green electricity credits to cover any residual emissions.
Its goal, it said, is to be "carbon neutral" in its operations by
2040.
Fresenius said it plans to set a target for the so-called scope
3 emissions from its customers and supply chain, but it didn't set
a date. It didn't spell out whether it plans work with third
parties to develop a strategy to get to the required emissions
reductions.
Write to Maitane Sardon at maitane.sardon@wsj.com
(END) Dow Jones Newswires
February 22, 2022 04:50 ET (09:50 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Fresenius SE & Co KGaA (TG:FRE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fresenius SE & Co KGaA (TG:FRE)
Historical Stock Chart
From Apr 2023 to Apr 2024
