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Real Estate Services
DE
updated 12 days ago

Fev Group GmbH Sustainability Profile

Company website

Fev Group GmbH, a leading name in the automotive and mobility sector, is headquartered in Germany and operates extensively across Europe and beyond. Founded in 2000, the company has established itself as a pioneer in engineering services, particularly in the fields of emissions testing, powertrain development, and vehicle electrification. Fev Group is renowned for its innovative solutions that enhance vehicle performance and compliance with stringent environmental regulations. Their core offerings include advanced testing technologies and consulting services that cater to both traditional and electric vehicle manufacturers. With a strong commitment to research and development, Fev Group has achieved significant milestones, positioning itself as a trusted partner in the automotive industry. The company’s dedication to quality and sustainability has earned it a prominent market position, making it a go-to resource for cutting-edge automotive solutions.

DitchCarbon Score

How does Fev Group GmbH'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.

25

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.

29

Industry Benchmark

Fev Group GmbH's score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Fev Group GmbH's reported carbon emissions

In 2022, Fev Group GmbH reported total carbon emissions of approximately 34,313,000 kg CO2e. This figure includes Scope 1 emissions of about 18,084,000 kg CO2e, Scope 2 emissions of around 8,894,000 kg CO2e, and Scope 3 emissions totalling approximately 479,340 kg CO2e, which encompasses business travel and employee commuting among other categories. Comparatively, in 2021, the company’s total emissions were about 40,576,000 kg CO2e, with Scope 1 emissions at approximately 19,868,000 kg CO2e and Scope 2 emissions at around 14,978,000 kg CO2e. This indicates a significant reduction in total emissions from 2021 to 2022. Fev Group has set ambitious climate commitments, aiming for carbon neutrality in its operations by 2025. Specifically, the company targets a 30% reduction in Scope 1 and Scope 2 emissions from 2021 levels by 2030. These initiatives reflect Fev Group's commitment to sustainability and its role as a leading global engineering service provider in vehicle and powertrain technology, focusing on innovative solutions for a climate-neutral future.

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20212022
Scope 1
19,868,000
00,000,000
Scope 2
14,978,000
0,000,000
Scope 3
5,730,000
000,000

How Carbon Intensive is Fev Group GmbH's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fev Group GmbH's primary industry is Real Estate Services, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Fev Group GmbH's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Fev Group GmbH is in DE, which has a medium grid carbon intensity relative to other regions.

Fev Group GmbH's Scope 3 Categories Breakdown

Fev Group GmbH's Scope 3 emissions, which decreased by 92% last year and decreased by approximately 92% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 2% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 885% of Scope 3 emissions.

Top Scope 3 Categories

2022
Employee Commuting
885%
Business Travel
645%
Purchased Goods and Services
12%
Waste Generated in Operations
1%
Upstream Transportation & Distribution
<1%

Fev Group GmbH'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.

Fev Group GmbH 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Fev Group GmbH's Emissions with Industry Peers

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Intelligent Energy Limited

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Research and development services (73)
Updated 5 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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