OSRAM Licht AG Sustainability Profile
OSRAM Licht AG, commonly referred to as OSRAM, is a leading global player in the lighting industry, headquartered in Germany. Founded in 1919, the company has evolved significantly, establishing a strong presence in Europe, Asia, and North America. OSRAM is renowned for its innovative solutions in the fields of general lighting, automotive lighting, and specialty lighting, focusing on both traditional and smart lighting technologies. The company’s core offerings include high-quality LED products, intelligent lighting systems, and advanced sensor technologies, which set them apart in a competitive market. OSRAM has achieved notable milestones, including pioneering developments in energy-efficient lighting and smart city solutions. With a commitment to sustainability and innovation, OSRAM continues to solidify its position as a trusted leader in the global lighting sector.
DitchCarbon Score
How does OSRAM Licht AG'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 Communication Equipment 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.
Industry Benchmark
OSRAM Licht AG's score of 30 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OSRAM Licht AG's reported carbon emissions
In 2020, OSRAM Licht AG reported total carbon emissions of approximately 236,300,000 kg CO2e, which includes 29,200,000 kg CO2e from Scope 1 emissions and 207,100,000 kg CO2e from Scope 2 emissions. The company has set an ambitious target to achieve a 100% reduction in its carbon footprint from its own operations (Scope 1 and 2) by 2030, as announced in November 2019. This commitment reflects OSRAM's dedication to climate action and aligns with industry standards for sustainability. The emissions data for 2019 indicated a total of about 238,700,000 kg CO2e, with Scope 1 emissions at 30,200,000 kg CO2e and Scope 2 emissions at approximately 208,500,000 kg CO2e. The trend shows a significant focus on reducing emissions over the years, although specific figures for earlier years are not disclosed. OSRAM Licht AG operates as a current subsidiary and cascades its emissions data from its own reporting, ensuring transparency and accountability in its climate commitments. The company has not reported any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Overall, OSRAM Licht AG's climate strategy is centred on achieving net-zero emissions for its direct operations by 2030, demonstrating a proactive approach to mitigating climate change impacts.
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| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 31,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 237,200,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
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OSRAM Licht AG'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.
OSRAM Licht AG has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
