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BELIMO Holding AG ( (CH:BEAN) ) just unveiled an announcement.
Belimo has achieved a significant milestone with the validation of its climate targets by the Science Based Targets Initiative (SBTi), aligning with the Paris Agreement’s goal of limiting global warming to 1.5°C. The company’s climate strategy includes reducing absolute greenhouse gas emissions by 42% by 2030 and 90% by 2050, alongside a commitment to reduce emissions from purchased goods and services by 51.6% by 2030 and 97% by 2050. This validation underscores Belimo’s commitment to sustainability and its role in improving the energy efficiency of buildings, which contribute significantly to global CO2 emissions.
The most recent analyst rating on (CH:BEAN) stock is a Buy with a CHF614.00 price target. To see the full list of analyst forecasts on BELIMO Holding AG stock, see the CH:BEAN Stock Forecast page.
More about BELIMO Holding AG
Belimo Holding AG is a global leader in the development, manufacture, and distribution of field devices for the energy-efficient control of heating, ventilation, and air conditioning (HVAC) systems. The company’s core products include actuators, control valves, sensors, and meters. Belimo has a strong focus on sustainability, offering environmentally friendly solutions that reduce CO2 emissions and promote resource conservation. The company reported sales of CHF 944 million in 2024 and employs over 2,400 people.
Average Trading Volume: 21,001
Technical Sentiment Signal: Buy
Current Market Cap: CHF11.05B
See more insights into BEAN stock on TipRanks’ Stock Analysis page.