Thyssenkrupp
Thyssenkrupp AG, a prominent player in the global industrial landscape, is headquartered in Essen, Germany. Founded in 1999 through the merger of Thyssen and Krupp, the company has established itself as a leader in the steel and materials sector, with significant operations across Europe, North America, and Asia. Specialising in steel production, automotive components, and industrial services, Thyssenkrupp is renowned for its innovative solutions and commitment to sustainability. The company’s core offerings include high-performance steel products and advanced engineering services, which are distinguished by their quality and technological advancements. With a strong market position, Thyssenkrupp has achieved notable milestones, including pioneering developments in steel manufacturing and contributing to various infrastructure projects worldwide. Its dedication to excellence and innovation continues to drive its success in the competitive industrial market.
DitchCarbon Score
How does Thyssenkrupp's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Thyssenkrupp's score of 65 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Thyssenkrupp's reported carbon emissions
In 2023, Thyssenkrupp reported total greenhouse gas emissions of approximately 27,900,000,000 kg CO2e, comprising 22,900,000,000 kg CO2e from Scope 1, 1,000,000,000 kg CO2e from Scope 2, and 4,000,000,000 kg CO2e from Scope 3 emissions. This marked an increase from 25,800,000,000 kg CO2e in 2022, where Scope 1 emissions were 21,400,000,000 kg CO2e, Scope 2 emissions were 800,000,000 kg CO2e, and Scope 3 emissions were 3,600,000,000 kg CO2e. Thyssenkrupp has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 30% by 2030 from a 2018 baseline. Additionally, the company targets a 16% reduction in absolute Scope 3 emissions by 2030 from a 2017 baseline. Long-term, Thyssenkrupp Steel Europe AG has committed to achieving net-zero emissions across its value chain by 2045, with interim targets to reduce emissions by 38% per tonne of hot rolled steel by 2032 and a 93% reduction in absolute emissions by 2045 from a 2018 baseline. These commitments align with industry standards for climate action, reflecting Thyssenkrupp's dedication to sustainability and reducing its carbon footprint in the construction and engineering sector.
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Get Started| 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 21,800,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 1,300,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 5,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Thyssenkrupp is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
