Dr Ing Hc F Porsche
Dr. Ing. h.c. F. Porsche AG, commonly known as Porsche, is a prestigious automotive manufacturer headquartered in Stuttgart, Germany. Founded in 1931, the company has established itself as a leader in the luxury sports car segment, renowned for its engineering excellence and innovative design. Porsche's core offerings include high-performance vehicles such as the iconic 911 and the versatile Cayenne, which blend cutting-edge technology with a rich motorsport heritage. The brand is celebrated for its commitment to quality and performance, consistently achieving remarkable milestones in both production and racing. With a strong presence in Europe, North America, and Asia, Porsche has solidified its market position as a symbol of luxury and performance, earning numerous accolades for its vehicles and sustainability initiatives.
DitchCarbon Score
How does Dr Ing Hc F Porsche'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 Motor Vehicle Retail Services 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
Dr Ing Hc F Porsche's score of 31 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Dr Ing Hc F Porsche's reported carbon emissions
In 2023, Dr. Ing. h.c. F. Porsche AG reported total carbon emissions of approximately 91,945,000 kg CO2e, comprising 17,638,000 kg CO2e from Scope 1, 84,832,000 kg CO2e from Scope 2, and 91,945,000 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to previous years, reflecting the challenges faced in reducing carbon output amid rising production demands. In 2022, the company recorded total emissions of about 64,806,000 kg CO2e, with Scope 1 emissions at 12,218,000 kg CO2e, Scope 2 at 941,000 kg CO2e, and Scope 3 at 51,647,000 kg CO2e. The reduction in Scope 1 and 2 emissions from 2021, where they totalled 9,090,000 kg CO2e, indicates a shift in operational efficiency, although overall emissions still rose due to increased Scope 3 emissions. Porsche has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which Porsche joined in June 2022. The company has set ambitious targets to reduce its carbon footprint, although specific percentage reduction goals have not been disclosed. Overall, Porsche's emissions data highlights the complexities of balancing production growth with sustainability efforts, as the automotive industry continues to navigate the transition towards greener practices.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 57,117,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 6,405,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 54,338,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Dr Ing Hc F Porsche 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.
