Otto Fuchs

Otto Fuchs's reported carbon emissions

Otto Fuchs, a German company operating in the motor vehicles, trailers, and semi-trailers industry, reported a total of approximately 1.35 billion kg CO2e in emissions for 2023. This figure comprises approximately 80.9 million kg CO2e from Scope 1 emissions and about 64.8 million kg CO2e from Scope 2 emissions, with the majority, approximately 1.20 billion kg CO2e, attributed to Scope 3 emissions. For 2022, Otto Fuchs reported total emissions of approximately 1.29 billion kg CO2e, with Scope 1 emissions at about 87.8 million kg CO2e, Scope 2 at approximately 85.0 million kg CO2e, and Scope 3 at around 1.12 billion kg CO2e. In 2021, the company's total emissions were approximately 1.45 billion kg CO2e, including Scope 1 at about 83.0 million kg CO2e, Scope 2 at approximately 78.8 million kg CO2e, and Scope 3 at around 1.28 billion kg CO2e. Otto Fuchs has set a near-term target to reduce its greenhouse gas emissions by 35% by 2027 compared to a 2019 base year for Scope 1 and Scope 2. The company is also committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. Furthermore, as part of its SBTi commitments, Otto Fuchs aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, with a long-term goal of 90% reduction by 2050. For Scope 3 emissions, the company targets a 25% reduction by 2030 and a 90% reduction by 2050. The company's climate strategy is outlined in its (e)MissionZero initiative, with a specific goal to be climate-neutral in Scope 1 and 2 at its German sites by 2045.