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.
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.
Mean score of companies in the 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.
Dr Ing Hc F Porsche's score of 23 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Dr Ing Hc 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, particularly in Scope 3, which includes emissions from business travel and purchased goods and services. 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. This indicates a trend of increasing emissions over the years, with 2021's total emissions at approximately 36,664,000 kg CO2e. 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 is actively working towards reducing its carbon footprint and has set a framework for future emissions reductions, although specific near-term reduction targets have not been disclosed. Overall, Porsche's emissions data reflects the challenges faced in the automotive sector regarding carbon neutrality, while their commitment to net-zero emissions demonstrates a proactive approach to addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 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 |
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.