Festo Se And Co
Festo SE & Co. is a leading global player in automation technology and industrial training, headquartered in Germany. Established in 1925, the company has consistently innovated within the fields of pneumatics and automation, serving a diverse range of industries including manufacturing, automotive, and food processing. Festo is renowned for its cutting-edge products and services, such as electric drives, sensors, and control systems, which are designed to enhance efficiency and productivity. With a strong presence in Europe, Asia, and the Americas, Festo has solidified its market position through a commitment to quality and sustainability. The company’s dedication to research and development has led to numerous accolades, making it a trusted partner for businesses seeking advanced automation solutions.
DitchCarbon Score
How does Festo Se And Co'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 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
Festo Se And Co's score of 30 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Festo Se And Co's reported carbon emissions
Festo SE & Co, headquartered in Germany, reported significant carbon emissions in 2023, totalling approximately 13,574,335,000 kg CO2e. This figure includes 25,820,000 kg CO2e from Scope 1 emissions, 8,087,000 kg CO2e from Scope 2, and a substantial 13,072,000,000 kg CO2e from Scope 3 emissions, which encompass various categories such as use of sold products and purchased goods and services. In recent years, Festo has demonstrated a commitment to reducing its carbon footprint. The company has set a long-term target to achieve net-zero emissions by 2050, as part of its Science Based Targets initiative (SBTi) commitment. This ambitious goal encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. Festo's emissions data from previous years shows a trend of high emissions, with 2022's total emissions recorded at approximately 14,126,005,000 kg CO2e, indicating a slight decrease in 2023. The company continues to focus on sustainability within the electrical equipment and machinery sector, aiming to enhance its environmental performance and contribute to global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 76,511,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 112,401,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 17,160,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Festo Se And Co 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.
