Elster Group SE Sustainability Profile
Elster Group SE, a prominent player in the energy and water management sector, is headquartered in Germany (DE) and operates extensively across Europe and North America. Founded in 2000, the company has established itself as a leader in smart metering solutions, providing innovative products and services that enhance utility efficiency and customer engagement. Elster's core offerings include advanced metering infrastructure, gas and electricity meters, and data management systems, all designed to optimise resource management. The company is recognised for its commitment to quality and technological advancement, positioning itself as a trusted partner for utilities worldwide. With a strong market presence and a focus on sustainability, Elster Group SE continues to drive the evolution of smart utility solutions, contributing significantly to the industry's growth and innovation.
DitchCarbon Score
How does Elster Group SE'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 Machinery and Equipment 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
Elster Group SE's score of 46 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Elster Group SE, headquartered in Germany, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Honeywell International Inc., which influences its climate commitments and reporting practices. Elster Group SE's climate initiatives are aligned with those of its parent company, Honeywell International Inc. This includes participation in various sustainability frameworks, such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from Honeywell. However, specific reduction targets or achievements for Elster Group SE have not been disclosed. As a subsidiary, Elster Group SE's climate strategy is likely informed by Honeywell's broader sustainability goals, which may include commitments to reduce greenhouse gas emissions across all scopes. Nonetheless, without specific data or targets from Elster Group SE itself, a detailed assessment of its carbon emissions and climate commitments remains unavailable.
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| 2018 | 2019 | 2021 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,479,148,000 | - | 0,000,000,000 | 000,000,000 |
| Scope 2 | 1,036,941,000 | - | 000,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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Elster Group SE's Scope 3 Categories Breakdown
Elster Group SE's Scope 3 emissions, which increased by 1% last year and decreased by approximately 6% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 91% of Scope 3 emissions.
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Elster Group SE's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Elster Group SE has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
