EQS Group-Ad-hoc: Schindler Holding AG / Key word(s): Sustainability 
Schindler commits to science-based targets as it steps up climate action 
17-Jun-2021 / 07:01 CET/CEST 
Release of an ad hoc announcement pursuant to Art. 53 LR 
The issuer is solely responsible for the content of this announcement. 
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Schindler today announced its commitment to setting science-based emissions reduction targets, in a clear signal of the 
Group's determination to avoid the worst effects of climate change. 
'Climate action is needed now,' said Silvio Napoli, Chairman of the Board of Directors at Schindler. 'Companies like 
ours have a crucial role to play in facilitating the transition to a low carbon economy. We have a lot of work ahead of 
us, but we're convinced it is the right thing to do.' 
Science-based targets build on the latest climate science to determine what actions are needed to meet the goals of the 
Paris Agreement - to limit global temperature rise to 1.5°C above pre-industrial levels. They are set by companies and 
validated by the Science Based Targets initiative (SBTi), a partnership between the Carbon Disclosure Project (CDP), 
the United Nations Global Compact (UNGC), the World Resources Institute (WRI) and the World Wide Fund for Nature 
(WWF). 
This announcement comes as Schindler outlines new sustainability commitments in its Corporate Responsibility Report 
published today, including a full transition to renewable electricity by 2025, and a 'no waste to landfill' target 
across all its sites globally by 2023. Schindler also strengthened its sustainability governance structure in 2020, 
with the setup of a Global Sustainability Committee chaired by CEO Thomas Oetterli. In September 2020, Schindler 
officially joined the UNGC, the world's largest corporate sustainability initiative, reaffirming its commitment to the 
UNGC's Ten Principles. 
In addition, Schindler improved its sustainability reporting, disclosing Sustainability Accounting Standards Board 
(SASB) metrics for the first time, while starting to implement the recommendations of the Task Force on Climate-related 
Financial Disclosures (TCFD). Schindler is also updating its materiality analysis, the findings of which are expected 
to be published in the course of 2021. The full 2020 Corporate Responsibility Report can be found here: https:// 
www.schindler.com/sustainability 
 
 
About Schindler: 
Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators and related 
services. Schindler mobility solutions move more than 1.5 billion people every day all over the world. Behind the 
company's success are over 66,000 employees in more than 100 countries. 
More information: 
Carolyn Pike, Head of Media Relations 
Tel. +41 41 445 32 98 
carolyn.pike@schindler.com 
Schindler Management Ltd. 
Zugerstrasse 13 
6030 Ebikon 
Switzerland 
Tel. +41 41 445 32 32 
Fax +41 41 444 40 40 
corporate.communications@schindler.com 
www.schindler.com 
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End of ad hoc announcement 
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Language:     English 
Company:      Schindler Holding AG 
              Zugerstrasse 13 
              6060 Ebikon 
              Switzerland 
Phone:        +41414453060 
E-mail:       corporate.communications@schindler.com 
Internet:     www.schindler.com 
ISIN:         CH0024638212, CH0024638196 
Valor:        002463821 
Listed:       SIX Swiss Exchange 
EQS News ID:  1208925 
 
End of Announcement EQS Group News Service 
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1208925 17-Jun-2021 CET/CEST


 
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June 17, 2021 01:02 ET (05:02 GMT)