At Beckers, we set high goals on our environmental performance, continuously exploring new opportunities for energy management and resource efficiency. We also believe it is important to understand the extent of our contribution to climate change and identify related risks and opportunities.
2024 marked a breakthrough year for climate action at Beckers. We finalized our updated Climate Strategy and significantly raised our ambition by committing to the Science Based Targets initiative (SBTi). In doing so, we proudly became one of the first coil coatings companies to have SBTi-approved net-zero targets for 2050.
Climate action is a core component of our Green Lights Strategy, and this commitment reflects our determination to lead the industry toward a more sustainable future. As part of this effort, we conducted a comprehensive carbon footprint inventory across Scopes 1, 2, and 3, following the Greenhouse Gas Protocol. This assessment enables us to understand the full climate impact of our operations and identify meaningful emission reductions throughout our value chain.
Reducing the waste associated with the production and sale of our products remains a key area of focus. Our integrated and structured approach addresses all aspects of waste reduction, from product and packaging design to developing innovative methods for reusing or responsibly disposing of any waste produced.
To find out more about our performance on waste and other environmental indicators, please read our latest Sustainability Report.
We respect water as a shared resource and take responsibility to use it wisely at all our sites. It is used primarily in facility amenities such as showers, sanitation, and food preparation, but also as a minor component in manufacturing, such as cooling and cleaning. As the impacts from our direct water usage occur at a local level where we operate, our measures and initiatives are individualized for our sites. Ten of our 25 locations are situated in water-stressed areas, where we have initiated several projects to reduce water usage.
To find out more about our performance on water and other resource use, please read our latest Sustainability Report.
Since we started measuring our energy use, we have consistently increased the share of renewable energy in our total energy consumption. We are committed to continuing this positive trend, with a strong focus on expanding the use of renewable energy across our business, especially with renewable electricity. After the first installation of 300 solar panels at our Malaysia site in 2017, many other sites started producing renewable electricity with their own solar photovoltaic energy systems. In 2024, 85% of the electricity we used came from renewable sources. Overall, we reached 66% renewable energy in 2024 and are steadily advancing toward our goal of 70% renewable energy by 2030. 
To find out more about our energy performance, please read our latest Sustainability Report.