ESRS E1 – Climate Change

Material Impacts, Risks, and Opportunities

Climate change is one of the greatest challenges of our time – both for civil society and for businesses. Climate-related risks and opportunities therefore influence the Beiersdorf business strategy and activities.

In our materiality assessment, we have identified several physical and transition risks in the area of climate change adaptation. They are related to extreme weather events caused by climate change, raw material shortages, and supply chain disruptions. In relation to climate change mitigation we identified a material transition risk – caused by potential non-compliance and associated financial or reputational damages – and an opportunity connected to increased innovation for CO₂-reduced products.

In addition, there are actual negative climate change mitigation impacts related to the emission of greenhouse gas (GHG) emissions in our own operations and in our upstream and downstream value chain; their main source is the use of fossil fuels in our production and raw materials procurement. Since these procurement processes are highly energy-intensive, we have also identified a negative upstream impact regarding energy.

A detailed overview of all identified impacts, risks and opportunities and the methodology used for the double materiality assessment can be found in the chapter “ESRS 2 – General Disclosures.”

Transition Plan for Climate Change Mitigation

Climate change mitigation is a key area of activity in the sustainability strategies of the Beiersdorf Consumer and tesa Business Segments. In 2024, we developed and published a “Climate Transition Plan” that serves as our roadmap to our 2032 climate targets and sets us on the path to Net Zero emissions by 2045. Our climate targets are in line with the “Paris Agreement” and are set out in detail in the sections “Targets related to climate change” and “Metrics related to climate change.”

The “Climate Transition Plan,” which incorporates requirements of the “Science Based Target initiative (SBTi) Net Zero Standard” and the “Technical Note on Climate Transition Plan” from CDP, is a culmination of collaborative efforts across all business functions. It builds upon sectoral Net Zero transition plans in energy, chemicals, and aluminium. The transition plan is integrated into our vision for the future of our brands and the cosmetics sector. It is aligned with the Beiersdorf business strategy and was approved by the Executive Board in June 2024.

Under our corporate business strategy “Win with Care,” we are committed to leading in climate change mitigation. Our strategic choice of performance with purpose is demonstrated by our goal of achieving Net Zero by 2045. This target will be realized through the transformation of our business and our entire value chain, driven by collaborative efforts.

Beiersdorf identified key actions to initiate the decarbonization journey based on an assessment of technical and market readiness. An important building block is the transformation of production infrastructure. Increasing energy efficiency, expanding renewable energies, and electrification are among the key decarbonization levers. As part of the reduction of indirect GHG emissions along the value chain, the focus is on switching to sustainable materials for packaging and ingredients, and low-carbon logistics. Moreover, engaging with suppliers and customers is crucial for indirect GHG emissions reduction as collaboration with our business partners enables us to implement all the actions identified.

Beiersdorf annually reports financial information in line with the “EU Taxonomy Regulation,” disclosing the share of sales, CapEx, and OpEx associated with environmentally sustainable economic activities (see chapter “EU Taxonomy”). Currently our core business activities do not cover any activities listed in the latest version of the Delegated Acts. Only one activity in the tesa Business Segment, which relates to the production of subcomponents for batteries (Activity 3.4), was identified as taxonomy-eligible. However, this activity is of minor importance compared to the core business activities of Beiersdorf and only makes up a small proportion of the Group’s sales. For this reason, Beiersdorf has no objective or CapEx plan(s) in place for aligning economic activities.

In our transition to Net Zero, our investments in any infrastructure, facilities and equipment that have a carbon lock-in effect will be limited to the minimum. Our existing assets are also not subject to long-term carbon lock-in. In the value chain, we are clear on our Net Zero ambition, thus discouraging further investment from suppliers in carbon-intensive infrastructure. We do not expect any carbon lock-in effect from our own production or value chain.

Our goal is to convince our stakeholders that we are serious about following our ambitions and taking tangible action to address climate change. We remain committed to regularly reassessing and refining our plan in response to any significant shifts in the assumptions underlying the plan. Our progress towards our climate targets is disclosed in this chapter.

Our company is not excluded from the EU benchmarks, which are in line with the “Paris Agreement.”

Policies Related to Climate Change

To mitigate our climate-related negative impacts and adapt to identified climate risks, and to capitalize on our opportunity, we have set ambitions for both our own operations and our value chain. These commitments are outlined in our corporate policies. The ambitions defined in the policies are detailed through corresponding action plans and translated into concrete actions in the areas of climate change mitigation and adaptation, energy efficiency, and renewable energy deployment (see section “Actions related to climate change”).

Actions related to climate change

As part of our “Climate Transition Plan” we have created an action roadmap. It encompasses our entire value chain and reflects cross-functional plans to reduce GHG emissions. The focus is on our main levers for decarbonization, i.e. direct operations, packaging, raw materials, product transformation, and logistics as well as stakeholder engagement with an emphasis on suppliers, retail customers, and consumers. The implementation of the actions is subject to the availability of financial resources, which can be provided mainly from the Group’s own resources. This is why Beiersdorf integrated the implementation of its transition plan into its overall financial planning process (see section “Transition Plan for Climate Change Mitigation”). The group has committed to providing the needed resources.

Lever: Direct operations

Description: To reduce emissions from our production which is the major part of Scope 1 and 2 emissions, we have started to analyse emissions as well as energy consumption, and derive necessary actions. These mainly include the following:

• operational improvements such as replacing inefficient equipment, smart control systems, or LED lighting with daylight dimming and motion detectors,
• converting our heat and steam from natural gas to alternative green energy sources,
• shifting from purchasing renewable energy certificates to directly procuring green electricity, or in the future (virtual), utilizing “Power Purchasing Agreements” (PPAs),
• applying “Green Building Standards” to all new construction and expansion projects,
• installing photovoltaic systems and wind turbines, as well as
• transitioning our car fleet, forklifts, and trucks to low- or zero-emission vehicles.

Scope: Own operations (Consumer and tesa) globally

Time horizon: 2030

Expected outcome: As a result, we expect to reduce operational GHG emissions (Scope 1 and 2) and achieve our reduction target. Please see sections “Targets Related to Climate Change” and “Metrics Related to Climate Change” for achieved reduction.

Lever: Packaging

Description: To design and use packaging with a lower carbon footprint, we follow the “4R” principle (reduce, reuse, recycle, replace):

• Reduce: We strive to reduce all types of packaging materials. This includes removing all unnecessary packaging materials and making packaging as light as possible.
• Reuse: We want to increase reusable and refillable packaging. That’s why we design our packaging to last longer and offer our customers more refillable packaging sets. Building on market trends and educating consumers is key here. We also cooperate with suppliers to create circularity packaging concepts.
• Recycle: We use recycled materials from mechanical, chemical, and advanced recycling technology in our major packaging materials including plastics, paper, and aluminum.
• Replace: We aim to replace existing packaging materials with more sustainable solutions or materials, e.g., recycled plastics and plastics from renewable sources like plant residue or side streams from other industries. For aluminium packaging, we rely not only on recycled aluminum but also on low-carbon aluminum.

Scope: Product design, upstream supply chain, product end of life, global product assortment

Time horizon: 2032

Expected outcome: In our Consumer Business Segment, we intend to reach 100% recycled or renewable plastic packaging material and ensure that 100% of our packaging will be designed for recycling. At tesa, our goals are to use a total of 80% FSC®-certified fiber packaging materials and 50% less virgin fossil plastic in packaging in 2025 vs. 2018 base year. As a result, we will significantly reduce our packaging GHG emissions.

Lever: Raw materials

Description: Our goal is to progressively make our product formulas more sustainable while maintaining the high quality of our products. We plan to implement two major actions for this:

• Renewable materials and alternative production technologies: Next to increasing the share of renewable materials, we want to rely on responsibly sourced materials with no or low land use change impact, plant-based materials, or materials from side streams. Alternative production processes that require lower energy consumption and eliminate process emissions also represent a major lever.
• Reformulation: Replacing fossil- and animal-based ingredients with renewable ones will potentially require a reformulation of our products, as the replacements will likely demonstrate different characteristics. Similarly, our formulation will need to adapt to changing packaging with more recycled content and more sustainable design.

Scope: Product design, upstream supply chain, product end of life, global supply chain

Time horizon: 2032

Expected outcome: In our Consumer Business Segment, we strive to make 100% of our bar soaps free of tallow, and 100% of our cosmetics free from solid polymer microplastics. In our tesa Business Segment, we plan to use 70% recycled or bio-based raw materials. Replacing animal-based raw materials eliminates CO₂ emissions in the upstream supply chain, and eliminating fossil-based raw materials avoids emissions at the end of the product life cycle.

Lever: Product format transformation

Description: We identified two levers to further reduce our product carbon footprint (PCF):

• Switch to concentrated formula: Reducing or minimizing the water content in product formulas could reduce GHG emissions from transportation and, even more significantly, from packaging. Switching from a liquid to a solid formula could also lower the packaging intensity and lead to a reduction in plastic use and connected carbon footprint.
• Format switches: A product’s carbon footprint can differ significantly depending on its product format. We work together with our value chain partners to explore different CO₂-reduced formats while ensuring consumer benefits.

Scope: Product design, upstream supply chain, product end of life, global supply chain

Time horizon: 2032

Expected outcome: On top of emission reduction from solely changing packaging and formula, these actions are expected to further reduce emissions to reach our Net Zero target. Our goal is to explore different options and gain consumer acceptance by 2032.

Lever: Logistics

Description: In transportation and warehousing, our targets include optimizing among other things, energy efficiency and fuel consumption:

• We aim to avoid air freight and switch to less energy-intensive transport modes, for example by shifting the transportation of our goods from truck to rail, wherever accessible and financially viable.
• In the short term, we want to replace fossil fuels with biofuels. Our truck transportation service providers have used biofuels to transport our products in some regions in Europe. Since 2021, we have purchased mass-balanced biofuels from waste streams via certificates for our global ocean freight shipments. The mass balance approach means that the goal is to increase the amount of biofuel used in the global ocean shipping industry. This is because it is not yet possible to reliably track whether the ships carrying our products are actually running on biofuel. Overall, Beiersdorf aims to drive the transformation to a lower-emission logistics network.
• To power trucks, we are investigating the use of alternative forms of energy like electricity and gas. This includes, but is not limited to, exploring financing options and partnerships with manufacturers to facilitate the transition to electric trucks.
• We want to identify opportunities for load optimization which can potentially decrease emissions. This concerns determining underloaded areas and increasing capacity utilization as well as utilizing lighter pallets and optimizing pallet stacking techniques. We furthermore strive to implement a transportation management system to automate processes.
• By working with logistics providers, we can understand and implement new transportation technologies and train truck drivers to drive more efficiently.
• In our third-party warehouses, we ask our partners to use renewable electricity.

Scope: Global finished goods transportation and third-party warehousing services

Time horizon: 2032

Expected outcome: The measures will help us achieve our emission reduction target in the transportation area.

Lever: Supplier engagement

Description: To reduce our Scope 3 emissions and eventually reach Net Zero, we engage in dialog with our suppliers through various measures concerning raw materials, packaging, logistics, media, and third-party manufacturing. We focus on the following aspects:

• Disclose GHG inventory.
• Set short- and long-term science-based emission reduction targets.
• Use renewable energy.
• Share knowledge and capacity building.
• Exchange Product Carbon Footprint (PCF) data.
• Collaborate on innovation and technology development.

We tailor our approach in engaging with suppliers depending on their maturity in climate management and the significance of the supplier to our GHG inventory, materials, or services that we source.

Scope: Upstream value chain, suppliers of raw materials, packaging, logistics, media, and third-party manufacturing globally

Time horizon: 2032

Expected outcome: We expect that through our engagement, our suppliers will realize the importance of climate action and the necessity of innovating low-carbon solutions. Overtime, the engagement efforts will enable our Scope 3 emission reduction.

Lever: Distribution partners

Description: In the Consumer Business Segment, we participate in our retailers’ sustainability events, programs, campaigns, as well as platforms, and in strategic sustainability exchanges. We furthermore provide retailers with our latest sustainability data. Our employees in relevant functions share their knowledge about our sustainability agenda, targets, progress, and concrete examples of actions with retail customers and other business partners. These activities help us to create a more sustainable supply chain while also recognizing the needs and expectations of consumers in an increasingly environmentally conscious marketplace.

In the tesa Business Segment, we collaborate with our distribution partners to create more sustainable products and optimized packaging – e.g. steering projects for optimized transport and logistics, or engaging in industry initiatives and task forces. We are also working with our retail customers in this segment, too, to reduce emissions with a specific focus on Scope 3.

Scope: Downstream value chain, retail customers, and distribution partners globally

Time horizon: 2032

Expected outcome: Engaging with customers could generate a common understanding of the climate challenge facing our industry, develop a harmonized methodology for GHG accounting and data sharing, and empower end consumers to make sustainable decisions.

Targets Related to Climate Change

Beiersdorf has set ambitious targets to help mitigate the consequences of climate change on our planet and society as well as to acknowledge the identified risks and opportunities that it poses to business. Our Group-wide short- and long-term targets – with milestones to 2025, 2032, and Net Zero by 2045 - have been validated by the SBTi, which confirmed that they are in line with the “Paris Agreement’s” 1.5°C target. The Consumer and tesa Business Segments have each set climate targets which correspond to their distinct business contexts and contribute to the overall Beiersdorf Group climate targets. The targets contribute to achieving the commitments set out in the Consumer Business Segment’s “Environmental Policy” and the tesa Business Segment’s “Environmental Guidelines.”

The GHG emission reduction targets were developed through a cross-functional top-down/bottom-up approach following the initial “Task Force on Climate-related Financial Disclosures” (TCFD) implementation. In particular, the R&D, Supply Chain, Marketing, and Finance functions were involved in several workshops and technological feasibility analyses were conducted. Several approaches were discussed with our strategic partner, WWF, to guide the development of the targets. This means that necessary perspectives and business risks were included from the beginning. We want to give all employees the opportunity to contribute to our climate targets and encourage them to contribute their ideas to the climate strategy.

Below shows an overview of the Group’s and each business segment’s emission reduction target. All of the Beiersdorf emission reduction targets are in absolute terms, regardless of business growth. Our business ambition is to continue to grow in volume and sales, which will pose a challenge to achieving our climate targets. However, with the decarbonization levers identified and resources planned, achieving the set climate targets is considered feasible.

The 2018 base year was chosen because it was the year with the most recent data available when Beiersdorf submitted the first short-term target to the SBTi in 2019. No outstanding external factors that would reduce the representativeness of 2018 data have been identified. The business activities of Beiersdorf have remained the same since 2018, despite the COVID-19 pandemic as well as some acquisitions and divestment over the years. For acquisitions and divestment since 2018, we have recalculated the baseline value according to our restatement guideline which was developed following “GHG Protocol” standards.

Target boundary

Our GHG emission reduction targets encompass all GHG emissions required by the Kyoto Protocol, without considering GHG removals, carbon credits, or avoided emissions, but including the use of biofuel certificates for transportation emissions as a Scope 3 reduction action.

For Scope 3 emissions, which are indirect and outside our operations, we have included different emission categories for different target years, aiming to focus our resources on significant emission categories while gradually increasing our emission coverage in our climate targets over time.

Scope 3 emissions categories included in our 2025 target boundary are:

• Scope 3.1: Purchased goods and services – raw materials, packaging materials, and third-party manufacturing services
• Scope 3.4: Upstream transportation and distribution, including finished goods transportation and third-party warehousing
• Scope 3.6: Business travel

We further expanded our 2032 and 2045 targets boundary to include:

• Scope 3.1: Purchased goods and services – media services, value-added services (VAS) and point-of-sale materials (POS)
• Scope 3.3: Fuel- and energy-related activities
• Scope 3.5: Waste generated in operations
• Scope 3.7: Employee commuting
• Scope 3.12: End of life treatment of sold products

Apart from emission reduction target, Beiersdorf has committed to reaching climate-neutral production by 2030. This means reducing Scope 1 and 2 emissions from production sites by at least 90% and neutralizing the remaining emissions of maximum 10% with carbon removals. In the reporting year, we achieved climate neutrality for four out of 22 production sites.

Since 2020, Beiersdorf has achieved our target of sourcing 100% of the electricity purchased by the sites covered by the data collection from renewable energy sources and is maintaining this target¹.

Target achievement

In the reporting year, we once again made progress with regard to our climate targets. By the end of 2024, the Consumer Business Segment achieved a reduction of absolute GHG emissions (Scope 1, 2, and 3) by 25% compared to 2018.  At the Group level, absolute GHG emissions were reduced by 47% in Scopes 1 and 2 and by 19% in Scope 3 over the same period.

Uncertainty and external dependency

Our climate targets and mitigation strategy are backed up by a quantitative simulation using a set of climate scenarios, including the Net Zero 2050 plan of the global energy, chemical, and aluminum sector, as well as the Net Zero commitments of the biggest world economies such as the EU, the USA and China. These climate scenarios provide us with insights into the readiness of low-carbon technologies needed, consumer behavioral change, renewable energy employment, and potential regulatory developments. Achieving our climate targets highly depends on the implementation of the Net Zero plans and commitments mentioned above.

The disclosed targets in this chapter mainly refer to the material topic climate change mitigation. In the area of climate change adaptation, we have set targets related to sustainable product innovation (see chapters “ESRS E5 — Resource Use and Circular Economy” and “ESRS E4 — Biodiversity and Ecosystems”) in order to diversify material sourcing as well as to adjust to new regulations and changing consumer needs.

Metrics Related to Climate Change

We calculate our GHG emissions according to the requirements set by the “GHG Protocol” (“Corporate Accounting and Reporting Standard” and “Corporate Value Chain (Scope 3) Standard”). The “GHG Protocol” specifies different consolidation approaches for GHG emissions accounting and reporting. Calculating our emissions, we have followed a financial consolidation approach in line with financial reporting. The comparison between the financial control and operational control approach shows no major difference for Beiersdorf in terms of GHG accounting.

In our GHG accounting, we account for all greenhouse gases in accordance with the “Kyoto Protocol.” This includes carbon dioxide (CO₂), methane (CH₄), nitrous oxide (N₂O), sulfur hexafluoride (SF₆), perfluorocarbons (PFCs), and hydrofluorocarbons (HFCs).

Energy consumption, Scope 1 and 2 emissions

We capture, consolidate, and analyze our operational energy consumption data to calculate our global Scope 1 and 2 GHG emissions. Collecting this data on an ongoing basis helps us verify the effectiveness of our measures and identify further potential for energy and emissions savings.

The Consumer Business Segment collects energy consumption data at all of its production sites, at the warehouses it operates, and at its offices above 50 full-time equivalents (FTE). tesa collects energy consumption data for all ISO 14001-certified sites and offices with more than 40 FTE, including six production sites and the company headquarter. Some administrative offices are excluded from data collection. Energy consumption and emissions from affiliates which are excluded from data collection or excluded after data validation are estimated. The estimation uses the average energy consumption and emissions per FTE in offices with validated data and the number of FTE of these affiliates. Thus, the reported energy and Scope 1 and 2 emissions cover all affiliates under financial control.

The emission factors used in our Scope 1 and 2 calculations are derived from the “Intergovernmental Panel on Climate Change” (IPCC), complemented by emission factors from our energy suppliers and the “International Energy Agency” (IEA). Further emissions, such as those from steam in district heating, are calculated using the emission factors provided by the “GaBi Databases” by the sustainability solutions provider “Sphera” and, if not available, the UK “Department for Environment, Food and Rural Affairs” (Defra).

Scope 1 and 2 emissions are then calculated by multiplying the collected energy consumption data by the emission factors of different energy types. Our Scope 2 emissions are calculated using location-based and market-based approach. However, our Group climate target uses a market-based approach for Scope 2. A market-based method reflects emissions from electricity that companies have purposefully chosen (or their lack of choice). This approach uses emission factors derived from contractual agreements. If no market-based emission is available, then the system defaults to a location-based emission, which utilized the residual mix of the country or region.

The process from energy data collection, emission factor mapping, and emission calculation is managed through the “Corporate Sustainability Software” provided by “Sphera.” With this tool, we manage Scope 1 and 2 data in one place. We also benefit from its automatic update of emission factors and flexible reporting functions.

If biogas is used at our own sites, the biogenic emissions outside of Scope 1 are reported separately and not included in Scope 1. The biogas certificates acquired in this context are internationally recognized and are intended to prevent double counting of GHG reductions along the entire value chain. They are based on a mass balance approach in which the biogas is not physically purchased, but certificates are purchased to ensure that the gas is fed into the European gas grid. Currently, the “GHG Protocol” has not yet published any clear guidelines on the inclusion of such certificates. We closely monitor relevant biogas accounting standards and are committed to adapting our reporting in this area as existing standards evolve, and new standards are published.

Manual data collection is an error-prone and cumbersome process, which is a limitation to us. We have defined an internal validation process and are furthermore investigating a more automated, digitalized process of data collection.

Energy Consumption and Production

Scope 3 emissions

The “GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard” classifies Scope 3 emissions into 15 categories. The climate reduction targets of Beiersdorf encompass various emission categories in accordance with the SBTi guidance. Under the requirements of ESRS, companies are mandated to disclose significant Scope 3 categories. This report discloses Scope 3 categories that have been evaluated as significant and are included within our 2025 target boundary. Although other categories have also been quantified and some of them are included in our 2032 and 2045 target boundary, they appear as non-significant in the significance analysis and are not disclosed in this reporting year.

Screening and prioritization

Based on an economic and environmental input-output (EEIO) model, Beiersdorf began by identifying the most relevant categories of Scope 3 emissions using expenditures data. The EEIO model evaluates resource consumption and environmental impact throughout the supply chain on the basis of international statistics and databases. The analysis allowed us to identify the Consumer Business Segment’s upstream Scope 3 emission hotspots. Taking into account the level of emissions, our ability to influence, and engagement purposes, we have selected the categories to be included in our target boundary, which meets the minimum coverage requirements of the SBTi near-term and long-term targets.

Beiersdorf is continuously working on improving the methodologies for accounting GHG emissions in different Scope 3 categories. As a first step, we are moving from the spend-based EEIO method to an activity-based approach in most of the categories. The emission factors used are mostly industry averages. We work with value chain partners to enable carbon footprint data exchange. This will enable us to better implement decarbonization measures and monitor the progress.

Digitalization

We take a holistic approach to digitalizing the sustainability processes, including reporting. For example, we integrated analysis tools, created a framework, and connected different systems to simplify reporting. This enables us to analyze key figures such as CO₂e emissions or figures relating to plastic packaging and raw materials throughout the year and – if necessary – identify measures at an early stage that will help us achieve our emissions reduction targets.

Methodology

Selecting the appropriate methodology, data sources, databases, and underlying assumptions to calculate Scope 3 emissions is a challenging task. Our goal is to improve the accuracy and reliability of these measurements over time. The methodologies described below were selected based on our business boundaries, targets, and practical realities. This selection process includes consideration of emission types, industry-specific requirements, and the availability of activity data and emission factors. We strive to use comprehensive and relevant data sources and, to the extent possible, use automated data collection systems. The databases selected for emission factors are recognized and widely used, which enhances their credibility. We closely monitor updates to key databases and evaluate their changes and impacts. When emission factors and activity data reflect our current practices and technologies, more recent data is preferred. When data is incomplete and estimates are required, we refer to the most similar cases from our collected data and estimate based on the amount or expenditure of the missing activities. This systematic approach ensures that our Scope 3 GHG calculations are transparent and robust under current circumstances.

Using the calculation methods described above, we did not identify any significant measurement uncertainties in the energy and emissions figures reported in the Climate Change chapter. To ensure the completeness of the GHG inventory, estimates have been made for scopes and categories where primary data collection is difficult. These estimates are based on the primary data collected, which represents more than 93% of the data.

Scope 3.1 – purchasing of products and services

Scope 3.4 – upstream transportation and distribution

To calculate global inbound and outbound GHG emissions from upstream transportation activities, we mostly use the “EcoTransIT” tool in accordance with the European EN 16258 standard. Primary data on distances, loads, and the various modes of transportation are obtained from our internal logistics network. Emission factors are secondary industry averages from “EcoTransIT.”

Scope 3.6 – business travel

Scope 3.12 – end-of-life treatment of sold products

Scope 3 emissions from our majority shareholding NIVEA-Kao are calculated based on the results of LCAs conducted in 2022 for certain reference products. We estimated the emissions generated in previous years on the basis of the quantity of reference products sold. NIVEA-Kao’s raw material and packaging emissions are calculated using the reference products’ bill of materials and the LCA emission factors. The upstream transport emissions are calculated using the product weight, the average distance transported, and the emission factors of the different modes of transportation. The calculated emissions are included in the respective Scope 3 categories.

Scope 3 emissions not disclosed

Beiersdorf has quantified base year emissions from Scope 3.1 (purchased services), 3.2 (capital goods), 3.3 (fuel and energy-related activities), 3.5 (waste generated in operations), 3.7 (employee commuting), 3.9 (downstream transportation and distribution), and Scope 3.15 (investment). However, these emissions are evaluated as non-significant and excluded from the Beiersdorf 2025 climate target. They are therefore not disclosed in this report. Scope 3.8, Scope 3.13 and Scope 3.14 are not relevant to Beiersdorf as we neither have upstream/downstream leased assets, nor franchises. Scope 3.10 processing of sold products is not relevant as both our cosmetics and adhesive products do not need further processing before application. As for Scope 3.11, the products of Beiersdorf do not have direct use phase emissions. Indirect use phase emissions could be generated for example when consumers take warm showers and apply our shower gel. Indirect use phase emissions are not part of the targets as required by the SBTi.

Scope 1-3 GHG Emissions

¹ Includes only affiliates covered by data collection. Beiersdorf purchases green electricity directly from energy suppliers, or purchases “International Renewable Energy Certificates” (IRECs), “European Guarantees of Origin,” or country-specific certificates.

² We include (primary) consumer packaging and secondary packaging in our calculation. Packaging materials that are added as part of packaging processes or during preparation for transport are not included.

³ The data collection period for outsourced production and warehousing (December 2023 to November 2024) differs from the reporting period.