Festo SE & Co. KG
Festo SE & Co. KG, a leading global player in automation technology and technical education, is headquartered in Esslingen, Germany. Founded in 1925, the company has established a strong presence in Europe, Asia, and the Americas, providing innovative solutions across various industries, including manufacturing, automotive, and process automation. Festo is renowned for its core products, such as pneumatic and electric drive technology, as well as automation solutions that enhance productivity and efficiency. Their commitment to research and development has led to significant milestones, including advancements in Industry 4.0 technologies. With a reputation for quality and reliability, Festo holds a prominent market position, serving customers in over 250 industries worldwide and continually pushing the boundaries of engineering excellence.
DitchCarbon Score
How does Festo SE & Co. KG'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 Real Estate 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
Festo SE & Co. KG's score of 25 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Festo SE & Co. KG's reported carbon emissions
Festo SE & Co. KG, headquartered in Germany, has committed to achieving net-zero carbon emissions across all scopes by 2050. Although specific emissions data for the most recent year is not available, the company has established a long-term target to significantly reduce its carbon footprint, aligning with the Science Based Targets initiative (SBTi). Festo's commitment to net-zero emissions reflects its dedication to sustainability within the electrical equipment and machinery sector. The company is actively working towards this goal, having started its journey in 2023. While no immediate reduction targets have been specified, the overarching aim is to implement strategies that will lead to substantial emissions reductions by the target year of 2050. Festo's initiatives underscore its role in addressing climate change and promoting environmental responsibility within the industry.
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 & Co. KG 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.
