Porsche Automobil Holding SE Sustainability Profile
Porsche Automobil Holding SE, commonly referred to as Porsche SE, is a prominent automotive holding company headquartered in Stuttgart, Germany. Founded in 2007, it has established itself as a key player in the automotive industry, primarily focusing on the development and management of investments in the Volkswagen Group. Porsche SE is renowned for its strategic oversight of luxury and high-performance vehicles, with a portfolio that includes iconic brands such as Porsche and Volkswagen. The company has achieved significant milestones, including its pivotal role in the expansion of electric mobility and sustainable automotive solutions. With a strong market position, Porsche SE continues to innovate, ensuring its products stand out for their engineering excellence and performance. Its commitment to quality and sustainability has solidified its reputation as a leader in the automotive sector.
DitchCarbon Score
How does Porsche Automobil Holding SE'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 Motor Vehicle 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
Porsche Automobil Holding SE's score of 9 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Porsche Automobil Holding SE's reported carbon emissions
In 2023, Porsche Automobil Holding SE reported carbon emissions of approximately 6,900 kg CO2e, attributed to its holding company activities. This figure does not specify the scope of emissions, as there is no disclosed data for Scope 1, Scope 2, or Scope 3 emissions. Currently, Porsche has not set any formal reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi). The absence of specific climate commitments or reduction strategies indicates a need for further development in their sustainability practices. As a holding company, Porsche's emissions are relatively low compared to manufacturing entities in the automotive sector. However, the company may benefit from establishing clearer climate commitments and reduction targets to align with industry standards and expectations.
How Carbon Intensive is Porsche Automobil Holding SE's Industry?
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Porsche Automobil Holding SE'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.
Porsche Automobil Holding SE 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.
