Felt Racing, LLC Sustainability Profile
Felt Racing, LLC, a prominent name in the cycling industry, is headquartered in the United States and operates extensively across North America and Europe. Founded in 1991, the company has established itself as a leader in high-performance bicycles, catering to both competitive athletes and recreational cyclists. Felt Racing is renowned for its innovative designs and cutting-edge technology, offering a diverse range of products including road, mountain, and triathlon bikes. With a commitment to quality and performance, Felt Racing has achieved significant milestones, including numerous accolades in professional cycling events. The brand's unique approach to engineering and design sets it apart in a competitive market, making it a preferred choice for cycling enthusiasts. As a result, Felt Racing continues to solidify its position as a trusted name in the cycling community, known for its dedication to excellence and innovation.
DitchCarbon Score
How does Felt Racing, LLC'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 Recreation and Sports 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
Felt Racing, LLC's score of 47 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Felt Racing, LLC, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of PIERER Mobility AG, which influences its climate commitments and emissions reporting. As such, any emissions data or reduction targets would be inherited from PIERER Mobility AG. Felt Racing, LLC has not publicly disclosed any specific reduction initiatives or targets, including those aligned with the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. As part of its corporate family, Felt Racing, LLC is expected to align with the sustainability goals set by PIERER Mobility AG, which may include broader industry commitments to reduce carbon emissions. However, without specific data or targets from either Felt Racing or its parent company, it is challenging to provide a detailed overview of their climate commitments. In summary, while Felt Racing, LLC is part of a larger corporate structure that may have climate initiatives, there is currently no available emissions data or specific reduction targets to report.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 6,084,240 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 5,279,790 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 681,914,830 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
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Felt Racing, LLC's Scope 3 Categories Breakdown
Felt Racing, LLC's Scope 3 emissions, which increased by 71% last year and increased by approximately 142% since 2018, 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 "Use of Sold Products" being the largest emissions source at 76% of Scope 3 emissions.
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Felt Racing, LLC'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.
Felt Racing, LLC 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.
