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 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dr Ing Hc F Porsche's reported carbon emissions
In 2023, Dr. Ing. h.c. F. Porsche AG reported total carbon emissions of approximately 17638000 kg CO2e for Scope 1, 570000 kg CO2e for Scope 2 (market-based), and about 91945000 kg CO2e for Scope 3 emissions, primarily driven by business travel at approximately 79325000 kg CO2e. The combined total for Scope 1 and 2 emissions was about 18209000 kg CO2e. Comparatively, in 2022, Porsche's emissions were significantly higher, with total emissions of about 64806000 kg CO2e, comprising 12218000 kg CO2e for Scope 1, 941000 kg CO2e for Scope 2, and 51647000 kg CO2e for Scope 3. This indicates a notable reduction in emissions from 2022 to 2023. Porsche has set ambitious climate commitments, aiming to reduce the environmental impacts of its vehicle production by 95% by 2030 compared to 2018 levels. Additionally, the company has achieved a 75% reduction in CO2 emissions per car produced at its production sites since 2014, with targets set for both Scope 1 and Scope 2 emissions. Porsche is committed to reaching net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). The company has been proactive in its climate strategy, focusing on significant reductions across all scopes of emissions, particularly in production and business travel.
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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 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.
