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OrganisationsGarrett
Garrett logo

Garrett

Motor Vehicle ManufacturingSwitzerlandNASDAQ: GTXAP
Last verified 20 days agogarrettmotion.com

Garrett Motion Inc., commonly referred to as Garrett, is a leading player in the motor vehicles, trailers, and semi-trailers industry, headquartered in Switzerland (CH). Founded in 2018, Garrett has quickly established itself as a key innovator in turbocharging technology and advanced vehicle propulsion systems, serving major operational regions across Europe, North America, and Asia.

The company specialises in high-performance turbochargers and electric boosting solutions, which are designed to enhance engine efficiency and reduce emissions. Garrett's commitment to sustainability and cutting-edge engineering has positioned it as a market leader, with notable achievements in both passenger and commercial vehicle sectors. With a focus on delivering unique, high-quality products, Garrett continues to drive advancements in the automotive industry.

39
DitchCarbon score

+9 vs industry average

Garrett’s score of 39 is higher than 53% 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

Motor Vehicle Manufacturing has above-average carbon intensity

Industry performance

0.256
20192025

The Motor Vehicle Manufacturing industry has reduced its overall emissions by 8% since 2019

Emissions trajectory 2020 – 2027

0B0.0B000.0M000.0M0

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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.

Garrett's reported carbon emissions

Garrett, headquartered in Switzerland and operating in the motor vehicles, trailers and semi-trailers industry (34), reported a total of approximately 1.57 billion kg CO2e in 2024. This figure encompasses Scope 1, 2, and 3 emissions.

Key Emissions Data (in kg CO2e):

  • 2024:
    • Total: Approximately 1,565,639,000 kg CO2e
    • Scope 1: Approximately 5,483,000 kg CO2e
    • Scope 2 (Market-based): Approximately 33,372,000 kg CO2e
    • Scope 3: Approximately 1,526,959,000 kg CO2e (with purchased goods and services being the largest contributor at approximately 1,343,716,000 kg CO2e)
  • 2023:
    • Total: Approximately 1,605,324,000 kg CO2e
    • Scope 1: Approximately 6,112,000 kg CO2e
    • Scope 2 (Market-based): Approximately 36,090,000 kg CO2e
    • Scope 3: Approximately 1,562,881,000 kg CO2e
  • 2022:
    • Total: Approximately 1,711,043,000 kg CO2e
    • Scope 1: Approximately 7,363,000 kg CO2e
    • Scope 2 (Market-based): Approximately 35,460,000 kg CO2e
    • Scope 3: Approximately 1,666,553,000 kg CO2e

Climate Commitments and Reduction Targets:

Garrett has set a significant climate commitment to reduce its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 46.2% by 2030, compared to a 2019 baseline. This target is also referred to as a 46% reduction in Scope 1 and 2 emissions by 2030 in some reports. The company's sustainability reports indicate progress towards these goals.

For example, the data shows:

  • 2024: Scope 1 and 2 emissions intensity was approximately 120.0 kg CO2e per unit of revenue (market-based).
  • 2023: Scope 1 and 2 emissions intensity was approximately 108.13 kg CO2e per unit of revenue (market-based).
  • 2019 baseline: The company aimed for an overall reduction of 27.5% in Scope 1 & 2 GHG emissions intensity per USD million revenue between 2019 and 2024, with a target year of 2021 for an intensity of 12.95.

Garrett's emissions data and reduction targets are self-reported. The company is not currently listed as having cascaded data from a parent organisation.

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Garrett’s Climate Goals (2030 & 2050)

3 goals

2030

46.2% reduction in Scope 1

By 2030, Garrett commits to reducing its absolute Scope 1 and Scope 2 GHG Emissions by 46.2%, compared to our baseline year, 2019.

On track46.2%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

11 of 15 categories disclosed
Purchased Goods & Services88%
Capital Goods2%
Processing of Sold Products2%
Employee Commuting1%
Business Travel0%
Downstream Transportation & Distribution0%
End-of-Life Treatment0%
Upstream Transportation & Distribution0%
Purchased Goods & Services88%
Capital Goods2%
Processing of Sold Products2%
Employee Commuting1%
Business Travel0%
Downstream Transportation & Distribution0%
End-of-Life Treatment0%
Upstream Transportation & Distribution0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Garrett logoGarrett
CHMotor Vehicle Manufacturing
20 days ago
39
Magna logoMagna
CAFurniture Manufacturing
3 days ago
95
View
Magna Powertrain Inc. logoMagna Powertrain Inc.
USMotor Vehicle Retail Services
3 days ago
94
View
Continental logoContinental
DEMotor Vehicle Retail Services
1 day ago
92
View
Robert Bosch GmbH logoRobert Bosch GmbH
DEMotor Vehicle Manufacturing
3 days ago
79
View
Cummins logoCummins
USMachinery and Equipment
4 days ago
78
View
Zf logoZf
DEMotor Vehicle Manufacturing
3 days ago
78
View

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