Siegfried Holding AG — full event log
Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.
← back to Data by year2024· 31 events
Siegfried has concluded a significant proportion of sustainable power purchase agreements (PPAs) and currently achieves ~87% renewable electricity in 2024 (up from 70.7% in 2023). PPAs are backed by site-specific Guarantee of Origin (GO) certificates or Renewable Energy Certificates (REC). Solar panel installations went online in 2024 in Malta and Evionnaz. As part of its SBTi commitment, Siegfried is aiming at sourcing 100% of its electricity from certified renewable sources within the next 2-3 years.
sustainability_report p.8
Previous commitment was 50% sales-normalized Scope 1+2 reduction by 2030. New SBTi-aligned target is 66.89% absolute reduction by 2033 from 2020 base — stronger and absolute rather than intensity-based.
sustainability_report p.8
Losses of cooling agents newly included in Siegfried's reporting for additional transparency and as part of SBTi climate target validation efforts. Air emissions other than CO2 contribute ~1.04% to overall GWP in 2024.
sustainability_report p.9
Due to alignment with SBTi requirements, Scope 1 figures for prior years were restated (typically within 5% margin). Scope 2 footprint corrected by an average of +4.5 kT CO2eq per year due to purchased steam correction at Minden site.
sustainability_report p.32
Total Waste and Total Hazardous Waste figures for 2023 restated due to an undetected conversion error (1306 metric tons instead of 9049 metric tons originally).
sustainability_report p.32
Newly acquired site in Grafton, Wisconsin added ~85 employees. Non-financial reporting excludes Grafton in most KPIs as it was acquired in Q3 2024.
sustainability_report p.32
Siegfried prioritizes SDGs 3 (Good Health) and 12 (Responsible Production) as core; additionally contributes to SDGs 4 (Education), 5 (Gender Equality), 6 (Water), and 8 (Decent Work).
sustainability_report p.5
All Siegfried sites recognized with silver or gold medal status by EcoVadis; Siegfried as a company moved from Bronze to Silver status in 2024.
sustainability_report p.10
Purchased goods and materials (Scope 3.1) are by far the biggest contributors to Siegfried's global carbon footprint. As part of SBTi commitment, Siegfried proposes to bring 85% of Scope 3.1 emissions into the SBTi framework by 2029 through direct supplier engagement. Includes green chemistry-driven process optimization to reduce solvents and alternative sourcing of lower-carbon raw materials.
sustainability_report p.9
Siegfried submitted near-term and net-zero SBTi targets in November 2024. Near-term: reduce absolute Scope 1+2 GHG by 66.89% by 2033 from 2020 base; 85% of suppliers (by emissions, purchased goods) to have SBTs by 2029; Scope 3 fuel/energy, upstream transport and waste -32.5% by 2033 from 2022. Net Zero by 2050 with 90% Scope 1+2 reduction and 90% Scope 3 reduction from 2022.
sustainability_report p.8
Siegfried mentions considering 'temporary carbon reduction measures (e.g. carbon capture & storage)' alongside primary focus on energy reduction, renewable electricity, and lower-emission energy sources. No specific durable removals (DAC, BECCS, biochar) commitments or volumes disclosed. Removals are not central to the strategy; focus is on absolute emissions reductions per SBTi pathway.
sustainability_report p.8
Key focus of carbon reduction. Achieved 87% renewable electricity in 2024 through PPAs backed by GO/REC certificates. Targeting 100% certified renewable sourcing within 2-3 years. This is the dominant lever for Scope 2 reduction (Scope 2 down 76% since 2020).
sustainability_report p.8
Despite business growth, absolute energy use went down by 52.1 TJ in 2024. Operational excellence (OPEX) program coordinated by a global energy task force drives energy savings. Two German sites (Hameln, Minden) ISO 50001 certified. Hameln site close to becoming first carbon-neutral site (Scope 1+2) in network.
sustainability_report p.9
Working to switch gradually to lower-emission energy sources. In 2022-2023 reduced natural gas dependency (-15.7%) but partly replaced with more carbon-intense LPG and light heating oil. In 2024 returned to more natural gas (+11.2% per Mio CHF) as supply pressure eased. Net zero technology roadmap to be developed in 2025.
sustainability_report p.9
Scope 3 is ~87% of total footprint; Scope 3.1 (purchased materials and services) is the dominant category. SBTi commitment: bring 85% of Scope 3.1 emissions into the SBTi framework by 2029 through direct supplier engagement. Coupled with green chemistry process optimization to reduce solvent use and alternative sourcing of lower-carbon raw materials.
sustainability_report p.9
Global R&D team developed a green chemistry dashboard assessing atom efficiency, reagents/solvent acceptability, predicted waste profile. Example: 17-step generic API process optimized via telescoping and phase transfer catalysis yielded 45% waste reduction, 50% less solvents/raw materials, 18% yield increase. Engages customers (CDMO context) to validate process changes within GMP constraints.
sustainability_report p.11
Siegfried newly acquired a site in Grafton, Wisconsin (USA) in Q3 2024, adding approx. 85 employees. Excluded from non-financial reporting boundary for 2024.
sustainability_report p.32
Total Waste and Total hazardous waste figures for 2023 restated due to undetected conversion error.
sustainability_report p.32
Scope 2 footprint corrected by an average of +4.5 kT CO2 eq per year due to purchased steam at Minden site correction.
sustainability_report p.32
Siegfried as a company moved from Bronze to Silver status in EcoVadis in 2024. All sites recognized with silver or gold medal status.
sustainability_report p.10
Siegfried will be focusing both on measures to reduce energy consumption, increase the use of renewable electricity and in general switching gradually to lower-emission energy sources and consider temporary carbon reduction measures (e.g. carbon capture & storage). No durable removals (DAC, BECCS) currently deployed.
sustainability_report p.8
Sites reduced supply with less carbon efficient alternatives (LPG, light heating oil) and used more natural gas in 2024 (+11.2% per Mio CHF). Plan to gradually switch to lower-emission energy sources and develop a net-zero technology roadmap in 2025.
sustainability_report p.9
Dedicated 2024 task force to reduce use of organic solvents (main source of hazardous waste). Approximately 21,000 tons of solvents recycled in 2024. Initiative led by Operational Excellence team to increase proportion of regenerated solvents, particularly for plant cleaning.
sustainability_report p.12
Siegfried submitted near-term and net-zero SBTi targets in November 2024: 66.89% absolute Scope 1+2 reduction by 2033 from 2020 base; 32.5% Scope 3 reduction (cats 3, 4, 5) by 2033 from 2022; net-zero by 2050 with 90% S1+2 and 90% S3 reductions.
sustainability_report p.8
Losses of cooling agents have newly been included in Siegfried's reporting for additional transparency and as part of its SBTi climate target validation efforts.
sustainability_report p.9
Siegfried prioritizes SDG 3 (Health) and SDG 12 (Responsible Production) as core, with additional SDGs 4, 5, 6, 8 linked to material topics.
sustainability_report p.5
Siegfried achieves approximately 87% renewable electricity through a significant proportion of sustainable Power Purchase Agreements (PPAs), backed by Guarantee of Origin (GO) certificates or RECs. Solar panel installations went online in 2024 at Malta and Evionnaz. The firm aims to source 100% certified renewable electricity within 2-3 years as part of its SBTi commitment.
sustainability_report p.8
Absolute energy use went down by 52.1 TJ in 2024 despite growth in business volume, due to operational excellence (OPEX) program. Energy use per Mio CHF decreased 1.7% vs 2023. Two German sites (Hameln, Minden) re-certified for ISO 50001 energy management. Hameln very close to becoming first carbon-neutral site in Siegfried network (Scope 1+2).
sustainability_report p.9
R&D team developed a green chemistry/process efficiency dashboard with 7 focus areas (waste prevention, reuse & recycle, material substitution, hazard containment, monitor & control, energy efficiency, sustainable sourcing). One 17-step API process optimization achieved 45% waste reduction, 50% less solvents, 18% yield increase.
sustainability_report p.11
Siegfried is aiming at sourcing 100% of its electricity from certified renewable sources within the next 2-3 years.
sustainability_report p.8
Key focus of Siegfried's carbon reduction measures is the purchase of renewable electricity via PPAs. Achieved 87% renewable electricity in 2024 (up from 70.7% in 2023), targeting 100% within 2-3 years. Backed by site-specific Guarantee of Origin certificates and RECs.
sustainability_report p.8
2022· 1 event
Siegfried is a member of UN Global Compact since 2022, supporting its mission to better the world and care for customers, patients, and society.
sustainability_report p.38
2021· 1 event
In 2021, Siegfried committed to reducing the carbon footprint of its Scope 1 and 2 emissions for the period up to 2030 by 50% normalized against sales.
sustainability_report p.7