Otto Fuchs

Otto Fuchs, a German company in the motor vehicles, trailers, and semi-trailers industry, reported total emissions of approximately 1.35 billion kg CO2e in 2023. This includes about 80.9 million kg CO2e from Scope 1, 64.8 million kg CO2e from Scope 2, and 1.2 billion kg CO2e from Scope 3.

In 2022, Otto Fuchs's total emissions were approximately 1.29 billion kg CO2e, with around 87.8 million kg CO2e from Scope 1, 85.0 million kg CO2e from Scope 2, and 1.12 billion kg CO2e from Scope 3. In 2021, total emissions were approximately 1.45 billion kg CO2e, comprising about 83.0 million kg CO2e from Scope 1, 78.8 million kg CO2e from Scope 2, and 1.28 billion kg CO2e from Scope 3.

Otto Fuchs has committed to several climate targets. The company aims to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 35% by 2027, using 2019 as the base year. Furthermore, Otto Fuchs has a long-term goal under its "(e)MissionZero" climate strategy to achieve climate neutrality in Scope 1 and 2 at its German sites by 2045.

Additionally, Otto Fuchs has Science Based Targets initiative (SBTi) commitments under the "Fuchs Gruppe" entity. These include near-term targets to reduce absolute Scope 1 and Scope 2 GHG emissions by 42.0% by 2030 from a 2023 base year. They also aim to reduce absolute Scope 3 GHG emissions by 25.0% within the same timeframe. For the long term, the Fuchs Gruppe commits to achieving net-zero greenhouse gas emissions across the value chain by 2050. This entails reducing absolute Scope 1 and Scope 2 GHG emissions by 90.0% by 2050 from a 2023 base year, and absolute Scope 3 GHG emissions by 90.0% within the same timeframe. The SBTi targets also include a commitment to reduce absolute Scope 3 FLAG GHG emissions by 72.0% by 2050 from a 2023 base year and to achieve no deforestation across its primary deforestation-linked commodities by December 31, 2025.