Climate transition plan

We seek to achieve an effective reduction of our indirect GHG emissions from the purchase of electricity by procuring it from providers that use low-emission technologies. “Clean electricity” as distinct from “renewable electricity” is our most preferred form of energy. This preference will be formally embedded in Comet’s purchasing policy in early 2026. The focus on clean electricity ensures that our efforts are outcome-oriented and directly aligned with achieving net-zero emissions. While renewable sources such as solar, wind, and hydropower are preferred options, we recognize that relying solely on renewables is not always feasible in every context. In such cases, we also regard other clean electricity sources as viable low-carbon options that support reductions in greenhouse gas emissions.

Improving energy efficiency requires identifying meaningful opportunities across operations. At Comet, we regularly assess our inventory of equipment, devices, and infrastructure to evaluate potential enhancements. These evaluations consider both environmental and economic factors, enabling us to implement viable replacements, upgrades, and renovations. Energy efficiency measures at the site level are part of the ISO 14001 targets, driven by the manufacturing sites (see “Aligning ISO 14001 certification with ESG").

Where feasible, Comet aims to reduce emissions from transportation in its supply chain by switching to lower-carbon transportation methods and optimizing routes with its logistics partners. Additionally, we are exploring ways to regionalize our supply chains, which would shorten transport routes and further reduce emissions. We have already achieved initial success by making the supply chain for our growing Asia hub in Penang, Malaysia, more regional. The significant reduction in shipping distances highlights how focused efforts can yield both environmental and operational advantages, serving as a blueprint for future initiatives across our global operations.

Comet’s eco-design initiative, launched in 2023, focuses on enhancing the environmental performance of our products. As part of this effort, we conducted pilot projects and gathered ideas to improve energy efficiency and reduce the environmental impact of our offerings. Insights from these efforts reveal that our products offer meaningful potential for emission reductions, particularly through the sourcing and selection of raw materials for production and during the use phase at our customers, such as by optimizing standby modes. Building on these findings, we are systematically integrating eco-design principles and lessons learned into our R&D processes to ensure that sustainability remains an important element in future product development.

A key element of reducing Comet’s climate impacts is the fostering of strong relationships with our suppliers. In 2026, we will launch a phased approach of first identifying areas where collaboration with our suppliers can achieve meaningful reductions in greenhouse gas emissions.

Accurate and consistent data collection, analysis, and interpretation are fundamental to understanding our environmental impacts and are the prerequisite for successfully identifying potential improvements. Through rigorous data analysis, we can identify trends, evaluate the effectiveness of current initiatives, and ensure alignment with our long-term sustainability goals. Reliable data also supports transparency and accountability, enabling us to communicate our progress to stakeholders with confidence. By embedding a systematic approach to data management in our sustainability strategy, we ensure that our efforts are not only measurable but also scalable, paving the way for continuous improvement and lasting impact.

Effective progress toward achieving net-zero GHG emissions requires ambitious objectives. We strive to update and expand our existing set of targets and to develop reliable and efficient monitoring processes. Transparent reporting of our progress promotes a strong and trusted Comet brand.