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Indirect CO2 emissions achilles heel of large Swiss firms

Leading Swiss companies have not made much progress in reducing greenhouse gas emissions by 2025, according to news agency Awp. +Get the most important news from Switzerland in your inbox This is the result of Awp analysis of sustainability data, which examined the available environmental balance sheets published by the 20 companies included in the SMI, the main index of the Swiss stock exchange. In aggregate terms, direct CO2 emissions (Scope 1 and 2), i.e. those related to production processes, heating, company transport and energy production, decreased by around 3% year-on-year. A figure that might seem positive, but according to analysts does not represent a real change of pace. The picture changes dramatically with so-called Scope 3 emissions, i.e. those along the entire upstream and downstream value chain. This item, which usually makes up the largest part of a company's carbon footprint, increased by almost 6%. The lead in operational emissions remains firmly with cement ... Full story here Are you the author?
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