Formel D Group Sustainability Profile
Formel D Group, a leading provider of engineering and quality services, is headquartered in Germany and operates extensively across Europe, Asia, and North America. Founded in 1993, the company has established itself as a key player in the automotive and manufacturing industries, offering a range of services that include quality assurance, logistics, and technical support. With a commitment to innovation and excellence, Formel D Group stands out for its tailored solutions that enhance production processes and ensure product quality. The company has achieved significant milestones, including partnerships with major automotive manufacturers, solidifying its market position as a trusted service provider. Known for its expertise and customer-centric approach, Formel D Group continues to drive advancements in engineering and quality management, making it a vital partner in the global automotive landscape.
DitchCarbon Score
How does Formel D Group'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 Metal Fabrication 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
Formel D Group's score of 15 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Formel D Group's reported carbon emissions
Formel D Group, headquartered in Germany, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the company has not established any documented reduction targets or climate pledges. Without emissions data or defined commitments, it is challenging to assess their climate impact or sustainability initiatives. As of now, Formel D Group does not inherit emissions data from any parent or related organizations, indicating that their climate strategy and reporting are independent. The absence of specific targets or initiatives suggests that the company may still be in the early stages of developing a comprehensive climate action plan.
How Carbon Intensive is Formel D Group's Industry?
How Carbon Intensive is Formel D Group's Location?
Formel D Group'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.
Formel D Group 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.
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