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OrganisationsFesto SE & Co. KG
Festo SE & Co. KG logo

Festo SE & Co. KG

Real Estate ServicesGermany
Last verified 10 months agofesto.com

Festo SE & Co. KG, a prominent player in the real estate services sector, is headquartered in Germany (DE) and operates extensively across Europe and beyond. Founded in 1925, the company has established itself as a leader in providing innovative solutions tailored to the real estate market, focusing on property management, consultancy, and investment services.

Festo's unique approach combines cutting-edge technology with deep industry expertise, enabling clients to optimise their real estate portfolios effectively. The company is recognised for its commitment to sustainability and efficiency, setting it apart in a competitive landscape. With a strong market position and a reputation for excellence, Festo SE & Co. KG continues to achieve significant milestones, reinforcing its status as a trusted partner in the real estate industry.

41
DitchCarbon score

+12 vs industry average

Festo SE & Co. KG’s score of 41 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.221
20182025

The Real Estate Services industry has reduced its overall emissions by 17% since 2018

Emissions trajectory 2020 – 2027

00.0B00.0B0.0B0.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Festo SE & Co. KG's reported carbon emissions

Festo SE & Co. KG, headquartered in DE and operating in the Real estate services sector (70), reported a total of approximately 13.8 billion kg CO2e in emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions.

In 2023, the company's total emissions were approximately 13.5 billion kg CO2e. Broken down by scope for 2024, Scope 1 emissions were approximately 26.4 million kg CO2e, Scope 2 emissions were approximately 59.7 million kg CO2e (location-based), and Scope 3 emissions accounted for the vast majority, totalling approximately 13.7 billion kg CO2e. Key contributors to Scope 3 emissions in 2024 included the use of sold products (approximately 13.2 billion kg CO2e) and purchased goods and services (approximately 340.4 million kg CO2e).

Festo SE & Co. KG has established climate commitments, including a target to reach net-zero greenhouse gas emissions across its value chain by 2050. Further commitments include reducing absolute Scope 1 and 2 GHG emissions by 64.3% by 2030, based on a 2022 baseline year. Additionally, they aim to reduce absolute Scope 3 GHG emissions by 25% by 2030. Long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2040, and a 90% reduction in absolute Scope 3 GHG emissions by 2050, both from a 2022 base year. These targets align with keeping global warming to 1.5°C.

The emissions data and climate commitments are directly attributed to Festo SE & Co. KG and are not cascaded from a parent organisation.

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Festo SE & Co. KG’s Climate Goals (2030 & 2050)

3 goals

2030

64.3% reduction in Scope 2

Festo SE & Co. KG commits to reduce absolute scope 2 GHG emissions 64.3% by 2030 from a 2022 base year.

At risk64.3%

2030

64.3% reduction in Scope 1

Festo SE & Co. KG commits to reduce absolute scope 1 GHG emissions 64.3% by 2030 from a 2022 base year.

Behind target64.3%

2030

25% reduction in scope 3 total

Festo SE & Co. KG also commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe.

Behind target25%

Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

10 of 15 categories disclosed
Use of Sold Products96%
Purchased Goods & Services2%
Upstream Transportation & Distribution1%
Fuel & Energy Activities0%
Business Travel0%
Capital Goods0%
Employee Commuting0%
End-of-Life Treatment0%
Use of Sold Products96%
Purchased Goods & Services2%
Upstream Transportation & Distribution1%
Fuel & Energy Activities0%
Business Travel0%
Capital Goods0%
Employee Commuting0%
End-of-Life Treatment0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Festo SE & Co. KG logoFesto SE & Co. KG
DEReal Estate Services
10 months ago
41
Schneider Electric logoSchneider Electric
FRPower, Distribution, and Specialty Transformer Manufacturing
23 hours ago
100
View
Siemens logoSiemens
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
6 days ago
100
View
Panasonic logoPanasonic
JPElectrical Machinery Manufacturing
6 days ago
100
View
Bosch Rexroth logoBosch Rexroth
DEComputer Manufacturing
6 days ago
89
View
Abb logoAbb
CHSwitchgear and Switchboard Apparatus Manufacturing
4 days ago
88
View
Mitsubishi Electric logoMitsubishi Electric
JPother miscellaneous electrical equipment and components
6 days ago
87
View

Frequently asked questions

Common questions about Festo SE & Co. KG’s sustainability data and climate commitments

In 2024, Festo SE & Co. KG's estimated total greenhouse gas emissions were approximately 13.8 billion kg CO2e. This figure includes Scope 1, 2, and 3 emissions, with Scope 3 accounting for the vast majority, roughly 13.7 billion kg CO2e. The company's emissions data, directly reported for 2024, indicates a slight increase from about 13.5 billion kg CO2e in 2023. These numbers reflect Festo's ongoing efforts to monitor and reduce its environmental impact across its operations and value chain.

Data year: 2024

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See our License Agreement for more details.

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