Belimo has made it its mission to create healthier, and more comfortable indoor environments that reduce energy consumption. In 2024, Belimo has committed to achieving net-zero greenhouse gas (GHG) emissions at the latest by 2050 with near- and long-term reduction targets aligned with SBTi Net Zero Standard. Currently, Belimo is preparing for the validation and approval of the targets by SBTi.

Belimo has developed a Group-wide methodology for GHG accounting. From the 2024 financial year, this balance sheet will be updated and disclosed annually as part of the external annual report. The Belimo GHG balance provides a comprehensive picture of all emissions (scope 1 to 3) caused by company activities over the course of a financial year. This includes:

• The supply chain (procurement, upstream, intercompany, and downstream transport).
• Assembly activities at all Production/Logistics and Customisation locations.
• The use phase of devices in the field.
• Device end-of-life treatment.
• Business travel, company vehicles, and employee commuting.

Belimo decided to commit to the Science Based Targets initiative (SBTi) in 2024. This commitment is an important step towards climate change mitigation and ensures compliance with international regulations while also meeting stakeholder expectations.

• Belimo aims to push the HVAC industry towards Net-Zero and is committed to the Net-Zero Target by 2050 outlined in the SBTi (Science-Based Targets initiative).
• Over the next 6-12 months, Belimo will submit near- and long-term targets for validation and approval by the SBTi.

The challenge of achieving this ambitious goal is substantial and requires all stakeholders to contribute actively towards it.

With the help of the SBTi's internationally recognized and scientifically grounded approach for setting greenhouse gas reduction targets, companies can define a reduction path that is both ambitious and achievable, reducing greenhouse gas emissions both in their industry and along the value chain, and thus contributing to society's net-zero target.

• Find Out More in the Press Release
• Belimo GHG Accounting Methodology Emissions Calculation (PDF)