Climate change is one of the key environmental challenges facing businesses and society. At Richter, climate change mitigation forms an important part of our environmental and energy management activities. Our approach focuses on reducing greenhouse gas emissions from our operations, improving energy efficiency, modernising technologies and infrastructure, and increasing the use of renewable and lower-carbon energy sources where feasible.

Richter’s climate-related activities are implemented within the Group’s Environment, Health and Safety framework. Our climate targets and greenhouse gas calculations have been developed taking into account relevant European Union climate objectives, including the EU Fit for 55 framework, as well as internationally recognised greenhouse gas accounting and target-setting methodologies. 


Our greenhouse gas reduction target

Richter has set a Group-level target to reduce Scope 1 and market-based Scope 2 greenhouse gas emissions by 40% by 2030 compared with the 2021 baseline year.

Developed using a methodology consistent with the decarbonisation pathways applied under the Science Based Targets initiative (SBTi), the target covers the Group’s manufacturing operations. As part of the methodological review underpinning the target, Richter assessed the contribution of non-manufacturing subsidiaries, including commercial affiliates, to total Group-level emissions. These activities account for less than 5% of total greenhouse gas emissions and were therefore considered immaterial for the target boundary in line with SBTi methodological thresholds.


Greenhouse gas accounting methodology

Richter calculates its greenhouse gas emissions in accordance with the guidance of the GHG Protocol and ISO 14064-1:2008. The applied methodology also meets the relevant requirements of the SBTi methodology.

Greenhouse gas emissions are reported in carbon dioxide equivalents (CO₂e) and include relevant emissions of CO₂, CH₄, N₂O, HFCs, PFCs, SF₆ and NF₃. Global Warming Potential values are based on the most recent IPCC values applied in our reporting methodology and use a 100-year time horizon.

Richter also measures and reports significant Scope 3 emissions across its value chain. No formal Scope 3 reduction target has yet been adopted, while the Group continues to assess major emission sources and potential reduction opportunities. In 2025, Scope 3 emissions decreased by approximately 6% compared with 2024.


Progress towards our 2030 target

Richter reviews progress towards its Scope 1 and Scope 2 reduction target annually through its greenhouse gas reporting process.

In the 2021 baseline year, combined Scope 1 and market-based Scope 2 emissions amounted to 164,711 tCO₂e. By 2025, these emissions had decreased to 119,559 tCO₂e, representing a reduction of approximately 27% compared with the baseline year. The 2030 target corresponds to combined Scope 1 and market-based Scope 2 emissions of approximately 98,826 tCO₂e.

During 2025, Scope 1 emissions decreased by approximately 6% compared with 2024, while market-based Scope 2 emissions decreased by approximately 16%. At Group level, total greenhouse gas emissions across Scopes 1, 2 and 3 decreased by approximately 9% year on year.

Based on a linear reduction trajectory between the 2021 baseline and the 2030 target, a reduction of approximately 18% would be expected by 2025. Richter had achieved an actual reduction of approximately 27% by the end of 2025.

Richter was therefore ahead of the linear reduction trajectory towards its 2030 Scope 1 and Scope 2 greenhouse gas reduction target at the end of 2025.

We will continue to monitor greenhouse gas emissions and assess progress against the 2030 target annually.