Voith
Voith GmbH & Co. KGaA, a renowned name in the engineering sector, is headquartered in Heidenheim, Germany. Established in 1867, Voith has evolved into a global leader, particularly in the fields of hydropower, paper, and rail technology. With a strong presence across Europe, North America, and Asia, the company is committed to innovation and sustainability. Voith's core offerings include advanced solutions in hydropower generation, paper production technology, and rail systems, distinguished by their efficiency and reliability. The company has achieved significant milestones, including pioneering developments in energy-efficient technologies. As a trusted partner in various industries, Voith is recognised for its commitment to quality and customer satisfaction, solidifying its position as a key player in the global market.
DitchCarbon Score
How does Voith'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 Computer Manufacturing 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
Voith's score of 47 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Voith's reported carbon emissions
In 2024, Voith GmbH & Co. KGaA reported total carbon emissions of approximately 51,339,000 kg CO2e for Scope 1 and about 28,361,000 kg CO2e for Scope 2, resulting in a combined total of around 79,700,000 kg CO2e for both scopes. This marks a reduction from 2023, where emissions were approximately 57,557,000 kg CO2e for Scope 1 and 31,625,000 kg CO2e for Scope 2, totalling about 89,182,000 kg CO2e. Voith has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 90% by the end of 2049/50 compared to 2016/17 levels. Additionally, the company has established near-term targets to cut absolute Scope 1 and 2 GHG emissions by 50.4% by FY2032 from a FY2022 base year. For Scope 3 emissions, Voith aims for a 30% reduction in emissions from the use of sold products within the same timeframe. These targets are part of Voith's commitment to align with the Science Based Targets initiative (SBTi) and reflect a long-term strategy to achieve significant reductions in greenhouse gas emissions. The data reported is cascaded from the parent company, Voith GmbH & Co. KGaA, ensuring consistency in their sustainability reporting.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 26,441,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 |
| Scope 2 | 126,934,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 00,000,000 | 00,000,000 |
| Scope 3 | 13,154,000 | 00,000,000 | 00,000,000 | - | - | - | - | - |
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.
Voith is participating in some of the initiatives that 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.
