STRATEC RECEIVES VALIDATION OF ITS CLIMATE TARGETS FROM THE SCIENCE BASED TARGETS INITIATIVE (SBTi)

EQS-News: STRATEC SE / Key word(s): ESG STRATEC RECEIVES VALIDATION OF ITS CLIMATE TARGETS FROM THE SCIENCE BASED TARGETS INITIATIVE (SBTi) 14.03.2025 / 11:35 CET/CEST The issuer is solely responsible for the content of this announcement. STRATEC RECEIVES VALIDATION OF ITS CLIMATE TARGETS FROM THE SCIENCE BASED TARGETS INITIATIVE (SBTi)

Birkenfeld, March 14, 2025

STRATEC SE, Birkenfeld, Germany, (Frankfurt: SBS; Prime Standard, SDAX) today announces the validation of its short-term and long-term greenhouse gas emission reduction targets by the Science Based Targets initiative (SBTi). STRATEC’s newly revised and science-based climate targets are thus consistent with the target set by the Paris Agreement of limiting global warming if possible to 1.5°C. The targets validated by the SBTi are as follows:

Short-term targets
The short-term target provides for reducing absolute greenhouse gas emissions in Scope 1, Scope 2, and Scope 3 by 50.4% in each case by 2032 compared with the 2023 base year.

Long-term targets
Reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 90% by 2045 compared with the 2023 base year. Furthermore, it is also planned to reduce absolute Scope 3 greenhouse gas emissions by 90% over the same period.

Net zero target
STRATEC is committed to achieving net zero greenhouse gas emissions throughout its value chain by 2045.

“Sustainability is firmly embedded in our corporate strategy and we are determined to take proactive measures to further reduce our greenhouse gas emissions. The validation of our revised climate targets in line with the SBTi’s Net-Zero Standard is an important milestone for our sustainability strategy and confirms the path we have taken to date. We are determined to cooperate closely with our customers and suppliers and support them in decarbonizing their business models”, comments Marcus Wolfinger, CEO of STRATEC SE.