Krauss-Maffei, officially known as Krauss-Maffei Wegmann GmbH & Co. KG, is a leading German manufacturer headquartered in Munich, DE. Founded in 1838, the company has established itself as a key player in the machinery and equipment industry, specialising in injection moulding, extrusion, and reaction process technology. With a strong presence in Europe, Asia, and the Americas, Krauss-Maffei is renowned for its innovative solutions that cater to diverse sectors, including automotive, packaging, and medical technology. The company’s core products, such as advanced injection moulding machines and high-performance extruders, are distinguished by their energy efficiency and precision engineering. Krauss-Maffei's commitment to quality and innovation has solidified its market position, making it a trusted partner for manufacturers worldwide. Notable achievements include numerous industry awards and a reputation for pioneering sustainable manufacturing practices.
How does Krauss-Maffei'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 Machinery and Equipment 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.
Krauss-Maffei's score of 20 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Krauss-Maffei, headquartered in Germany (DE), reported significant carbon emissions, totalling approximately 18,822,220 kg CO2e for Scope 1 and about 6,089,990 kg CO2e for Scope 2. This data highlights the company's operational impact on climate change, with a combined total of around 24,912,210 kg CO2e from these two scopes. Krauss-Maffei has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Furthermore, the company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The reported emissions reflect the company's ongoing efforts to monitor and manage its carbon footprint, but the absence of reduction targets suggests that Krauss-Maffei may need to enhance its climate strategy to align with industry standards and global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 32,000 | 00,000,000 |
Scope 2 | 8,178,000 | 00,000,000 |
Scope 3 | - | - |
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.
Krauss-Maffei is not participating in any of the initiatives that 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.