Polytec Holding AG Sustainability Profile
Polytec Holding AG, headquartered in Austria, is a leading player in the advanced materials and components industry. Founded in 1986, the company has established a strong presence in Europe and beyond, specialising in the development and production of high-quality plastic and composite materials. Polytec's core offerings include innovative solutions for the automotive, aerospace, and industrial sectors, distinguished by their commitment to sustainability and cutting-edge technology. The company has achieved significant milestones, including numerous awards for its product excellence and environmental initiatives. With a robust market position, Polytec Holding AG continues to drive innovation, making it a trusted partner for clients seeking reliable and efficient material solutions.
DitchCarbon Score
How does Polytec Holding 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 Plastic Reprocessing 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
Polytec Holding AG's score of 40 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Polytec Holding AG's reported carbon emissions
In 2024, Polytec Holding AG reported significant carbon emissions, totalling approximately 2,808,629,000 kg CO2e globally. This figure includes 14,220,000 kg CO2e from Scope 1 emissions and 10,230,000 kg CO2e from Scope 2 emissions, while the majority, about 2,784,180,000 kg CO2e, falls under Scope 3 emissions. Notably, the company has set ambitious reduction targets, aiming to decrease combined emissions to 21,000 tCO2e by the end of the 2025 financial year, representing a 55% reduction from the 2020 baseline of 46,537 tCO2e. Polytec's long-term commitment includes achieving CO2-neutral production for Scope 1 and 2 emissions by 2035. This goal underscores their dedication to sustainability and aligns with industry standards for climate action. The company has not reported any Scope 3 reduction targets as of now. The emissions data is not cascaded from any parent organization, indicating that Polytec Holding AG is independently managing its climate commitments. The comprehensive emissions reporting and reduction initiatives reflect a proactive approach to addressing climate change within the manufacturing sector.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 17,955,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 7,828,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 |
How Carbon Intensive is Polytec Holding AG's Industry?
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Polytec Holding AG's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 77% of Scope 3 emissions.
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Polytec Holding 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.
Polytec Holding 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.
Frequently Asked Questions
Common questions about Polytec Holding AG's sustainability data and climate commitments