KraussMaffei Group GmbH Sustainability Profile
KraussMaffei Group GmbH, a leading name in the machinery and plant engineering sector, is headquartered in Munich, Germany. Founded in 1838, the company has established itself as a pioneer in the production of injection moulding machines, extrusion systems, and reaction process machinery. With a strong presence in Europe, Asia, and the Americas, KraussMaffei serves diverse industries, including automotive, packaging, and medical technology. Renowned for its innovative solutions, KraussMaffei offers unique products that enhance efficiency and sustainability in manufacturing processes. The company has achieved significant milestones, including advancements in automation and digitalisation, solidifying its position as a market leader. With a commitment to quality and innovation, KraussMaffei continues to shape the future of industrial production.
DitchCarbon Score
How does KraussMaffei Group GmbH'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 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.
Industry Benchmark
KraussMaffei Group GmbH's score of 27 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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KraussMaffei Group GmbH's reported carbon emissions
In 2023, KraussMaffei Group GmbH reported significant carbon emissions across various regions, with a total of approximately 188,222,000 kg CO2e from Scope 1 emissions in Germany. The company also recorded Scope 2 emissions of about 6,089,990 kg CO2e in the same region. Globally, the total emissions from Scope 1 and Scope 2 combined reached approximately 27,069,000 kg CO2e and 22,755,000 kg CO2e, respectively. KraussMaffei has set ambitious climate commitments, aiming for a 46.3% reduction in direct (Scope 1) and indirect (Scope 2) emissions by 2030, targeting an absolute reduction to 635,000 tonnes CO2e from a baseline of 1,182,000 tonnes CO2e established in 2019. This commitment reflects the company's proactive approach to addressing climate change and aligns with industry standards for sustainability. The emissions data is cascaded from the parent company, China National Chemical Corporation Limited, indicating a structured approach to emissions reporting and climate strategy within the corporate family. KraussMaffei's initiatives demonstrate a commitment to reducing its carbon footprint while contributing to broader climate goals.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 14,870,000 | 00,000,000 |
| Scope 2 | 8,178,000 | 00,000,000 |
| Scope 3 | - | - |
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KraussMaffei Group GmbH'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.
KraussMaffei Group GmbH 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.
