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DMG MORI commits to TCFD guidelines

1336 DMG MORI commits to TCFD guidelines

The world’s largest machine tool manufacturer DMG MORI has underlined its commitment to the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), which were issued in 2017.

In a statement, the company said that it would “proactively disclose climate-related risks and opportunities”, involving the “voluntary and consistent disclosure of climate-related information.”

This includes supplying information in areas such as governance, strategy, risk management, and metrics & targets.

DMG MORI has also said that it will adhere to the goals of the “Science Based Targets” initiative, which is dedicated to limiting global warming to no more than 1.5 °C. It has set company-wide targets for reducing greenhouse gas emissions:

  1. The reduction of absolute GHG emissions in Scope 1 and 2 by 46.2% by 2030 (using 2019 as the base year).
  2. The reduction of Scope 3 emissions by 13.5% by 2030, raising the target to 27.5% in the current (2023) financial year.
  3. Achieving a science-based net zero emissions target by 2050 at the latest.

Updates on the company’s activities are published annually in the DMG MORI sustainability report.


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