Georg Fischer AG, commonly known as GF, is a leading global provider of piping systems, machining solutions, and automotive components, headquartered in Schaffhausen, Switzerland. Founded in 1802, the company has established a strong presence in Europe, North America, and Asia, marking significant milestones in innovation and sustainability throughout its history. GF operates primarily in the industrial manufacturing sector, focusing on three main business areas: GF Piping Systems, GF Machining Solutions, and GF Casting Solutions. Its core products, including advanced piping systems and precision machining tools, are distinguished by their high quality and innovative design, catering to diverse industries such as water management, automotive, and aerospace. With a commitment to sustainability and technological advancement, Georg Fischer has positioned itself as a market leader, recognised for its contributions to efficient resource management and cutting-edge manufacturing processes.
How does Georg Fischer'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.
Mean score of companies in the Furniture Manufacturing 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.
Georg Fischer's score of 54 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Georg Fischer AG reported total greenhouse gas emissions of approximately 1.6 million tonnes CO2e, with about 266,000 tonnes attributed to Scope 2 emissions and around 1.4 million tonnes from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 30% by 2026, using 2019 as the baseline year. Additionally, Georg Fischer is targeting a 34.6% reduction in Scope 3 emissions related to purchased goods and services and the use of sold products per tonne of processed material by 2030. Over recent years, Georg Fischer has demonstrated a commitment to sustainability, with emissions fluctuating from about 1.9 million tonnes CO2e in 2019 to 1.6 million tonnes in 2023. The company is actively engaged in initiatives aligned with the Science Based Targets initiative (SBTi), which supports its goal of limiting global warming to 1.5°C. These efforts reflect a broader industry trend towards enhanced transparency and accountability in carbon emissions management.
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Add to project2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
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Scope 1 | - | - | - | - | - | - | - | - | - | - |
Scope 2 | 416,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 580,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Georg Fischer 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.