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Ifm Electronic GmbH, commonly referred to as Ifm, is a leading player in the electricity nec industry, headquartered in Germany. Founded in 1969, the company has established a strong presence across Europe and beyond, specialising in sensor technology, automation, and control systems.
Ifm is renowned for its innovative products, including sensors, controllers, and software solutions that enhance industrial processes. Their commitment to quality and cutting-edge technology sets them apart in a competitive market. With a focus on sustainability and efficiency, Ifm has achieved significant milestones, positioning itself as a trusted partner for businesses seeking to optimise their operations.
As a pioneer in the field, Ifm continues to drive advancements in automation, making it a key player in the global electricity sector.
-9 vs industry average
Ifm’s score of 7 is lower than 25% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
ifm, headquartered in Germany, reported approximately 9,594,000 kg CO2e in total Scope 1, 2, and 3 emissions for 2023. This included approximately 3,082,000 kg CO2e from Scope 1 (mobile combustion), approximately 20,000 kg CO2e from Scope 2 (purchased electricity), and approximately 1,604,000 kg CO2e from Scope 3 (business travel).
In comparison, 2022 saw total emissions of approximately 19,224,000 kg CO2e, with Scope 1 mobile combustion at around 8,274,000 kg CO2e, Scope 2 purchased electricity at approximately 20,000 kg CO2e, and Scope 3 business travel at approximately 918,000 kg CO2e. For 2021, total emissions were approximately 10,531,000 kg CO2e, consisting of about 6,949,000 kg CO2e from Scope 1 mobile combustion, approximately 16,000 kg CO2e from Scope 2 purchased electricity, and approximately 158,000 kg CO2e from Scope 3 business travel.
Looking further back, in 2020, total emissions were around 5,743,000 kg CO2e, with approximately 686,000 kg CO2e from Scope 1 mobile combustion, no reported Scope 2 purchased electricity, and about 134,000 kg CO2e from Scope 3 business travel. In 2019, total emissions were approximately 12,685,000 kg CO2e, including around 924,000 kg CO2e from Scope 1 mobile combustion, about 3,222,000 kg CO2e from Scope 2 purchased electricity, and approximately 1,153,000 kg CO2e from Scope 3 business travel.
Prior to this, in 2018, ifm reported approximately 297,009,000 kg CO2e solely from Scope 3 investments. For 2017, Scope 3 investments accounted for approximately 540,702,000 kg CO2e, and in 2016, Scope 3 investments were approximately 571,952,000 kg CO2e. These Scope 3 investment figures are cascaded from "ifm automotive gmbh".
ifm has not publicly disclosed specific reduction targets, SBTi targets, or a climate pledge.
No climate goals have been disclosed for Ifm yet.
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