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MarketScreener Homepage  >  Equities  >  Xetra  >  Henkel AG & Co. KGaA    HEN3   DE0006048432

HENKEL AG & CO. KGAA

(HEN3)
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Henkel, Signify Join Amazon's 2040 Net-Zero Emissions Campaign

11/18/2020 | 09:03am EST

By Maitane Sardon

Amazon Inc. said Wednesday that German consumer-goods company Henkel AG and Dutch lighting company Signify N.V. have joined its Climate Pledge initiative and will work toward decarbonizing their businesses.

Amazon last year co-founded the Climate Pledge initiative to reach "net-zero" carbon emissions by 2040. It said thirteen organizations have signed the pledge to share best practices, sending a signal that there will be rapid growth in demand for products and services that help reduce carbon emissions.

Amazon said the signatories to the pledge agree to take the necessary steps to bring their carbon emissions to net-zero over the next twenty years by introducing changes in their businesses. These changes can include energy efficiency improvements or the use of renewable energy. It also said the signatories agree to measure and report their emissions on a regular basis.

"By signing The Climate Pledge, companies around the world are taking collective action to protect our planet from the catastrophic impacts of climate change," Amazon Chief Executive Jeff Bezos said in prepared remarks.

Henkel said the climate pledge is in line with its goal of becoming climate-positive by 2040 by removing more carbon dioxide from the atmosphere than it emits. The company said it plans to reduce the carbon footprint of its production by 75% by 2030 and to only use renewable energy to power its operations by 2030.

Signify said it has achieved this year its goal of having carbon neutral operations and that it plans to "double its positive impact on the environment and society" over the next five years.

Write to Maitane Sardon at maitane.sardon@wsj.com

(END) Dow Jones Newswires

11-18-20 0902ET

Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. -0.74% 3104.25 Delayed Quote.-4.69%
HENKEL AG & CO. KGAA -0.87% 88.78 Delayed Quote.-2.97%
SIGNIFY N.V. 0.27% 41.02 Real-time Quote.18.48%
All news about HENKEL AG & CO. KGAA
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01/15HENKEL : invests in technology start-up Feelit
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01/15HENKEL : launched almost 700 million bottles made of 100% recycled plastics to t..
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01/12HENKEL VORZUEGE : DZ Bank reiterates its Neutral rating
MD
01/12HENKEL VORZUEGE : UBS keeps a Sell rating
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01/12HENKEL VORZUEGE : Gets a Buy rating from JP Morgan
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01/08HENKEL VORZUEGE : Receives a Buy rating from JP Morgan
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01/08HENKEL VORZUEGE : Gets a Buy rating from Warburg Research
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01/06HENKEL VORZUEGE : Sell rating from Bernstein
MD
01/05HENKEL VORZUEGE : Barclays sticks Neutral
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More news
Financials
Sales 2020 19 223 M 23 213 M 23 213 M
Net income 2020 1 612 M 1 947 M 1 947 M
Net Debt 2020 1 679 M 2 028 M 2 028 M
P/E ratio 2020 23,1x
Yield 2020 2,01%
Capitalization 35 535 M 42 916 M 42 910 M
EV / Sales 2020 1,94x
EV / Sales 2021 1,84x
Nbr of Employees 52 450
Free-Float 62,7%
Chart HENKEL AG & CO. KGAA
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Henkel AG & Co. KGaA Technical Analysis Chart | MarketScreener
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Technical analysis trends HENKEL AG & CO. KGAA
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 92,93 €
Last Close Price 89,56 €
Spread / Highest target 20,6%
Spread / Average Target 3,76%
Spread / Lowest Target -31,9%
EPS Revisions
Managers and Directors
NameTitle
Carsten Knobel Chief Executive Officer
Simone Bagel-Trah Chairman-Supervisory Board
Marco Swoboda Chief Financial Officer
Michael Kaschke Member-Supervisory Board
Jutta Bernicke Member-Supervisory Board
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