Landis+Gyr Joins SBTi Initiative to Reduce Carbon Emissions

Landis+Gyr has signed the commitment letter to join the Science Based Target initiative (SBTi). This pledge will see the Company set ambitious science-based targets, both near-term (in 5 to 10 years) and long-term (by 2050).

These efforts follow Landis+Gyr's purpose to manage energy better for a greener tomorrow and are in line with the Paris Agreement, limiting global warming to well-below 2°C above pre-industrial levels and pursue efforts to limit warming to 1.5°C.

In 2007, Landis+Gyr started to measure and closely manage its carbon footprint. Since then, the Company has achieved a 47% reduction of its carbon emissions. In addition, Landis+Gyr tracks the positive impact of its global Smart Metering base of more than 125 million connected intelligent devices on a yearly basis.

In the financial year 2021, the state-of-the-art technologies and solutions helped avoid more than 9 million tons of CO₂ emissions. 

The commitment to the SBTi will further drive efforts to reduce carbon emissions within its operations (Scopes 1 and 2) and to support the decarbonization of the supply chain (Scope 3) by setting ambitious targets and developing a roadmap to achieve them.

"Sustainability is part of our DNA and an integral part of our values, mission and strategy. Our commitment to the Science Based Target initiative is the next step in our sustainability journey," said Werner Lieberherr, Chief Executive Officer at Landis+Gyr. "As a leading global provider of energy management solutions, we actively drive progress on environmental, social and governance issues and are proud to be part of the global efforts to decarbonize the grid."