Reitz Holding Gmbh And Co
Reitz Holding GmbH & Co. is a distinguished leader in the industrial sector, headquartered in Germany. Founded in 1874, the company has established a strong presence in various operational regions, focusing on innovative solutions in the fields of pumps, valves, and systems for fluid handling. With a commitment to quality and engineering excellence, Reitz offers a unique range of products designed for demanding applications in industries such as power generation, oil and gas, and water treatment. The company’s dedication to research and development has led to significant milestones, positioning it as a trusted partner in the global market. Renowned for its robust engineering capabilities and customer-centric approach, Reitz Holding GmbH & Co. continues to achieve notable success, solidifying its reputation as a key player in the fluid dynamics industry.
DitchCarbon Score
How does Reitz Holding Gmbh And Co'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 Construction Work 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
Reitz Holding Gmbh And Co's score of 4 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Reitz Holding Gmbh And Co's reported carbon emissions
In 2022, Reitz Holding GmbH & Co. reported total carbon emissions of approximately 7,500,000 kg CO2e, comprising 713,000 kg CO2e from Scope 1, 874,000 kg CO2e from Scope 2, and a significant 6,065,000 kg CO2e from Scope 3 emissions. This marked a notable increase in emissions compared to 2021, where total emissions were about 7,292,000 kg CO2e, with Scope 1 at 702,000 kg CO2e and Scope 2 at 1,072,000 kg CO2e. The company has committed to reducing its carbon footprint, although specific reduction targets have not been disclosed. As of April 2023, Reitz Holding is classified as "Committed" to near-term targets but has not set a net-zero commitment. The company operates within the construction and engineering sector in Germany and is actively working towards improving its sustainability practices. Reitz Holding's emissions intensity has shown a decrease, with a reported intensity of 0.02 t CO2e per million euros in revenue for 2022, down from 0.027 t CO2e in 2021. This indicates a positive trend in emissions management relative to revenue generation. The company continues to focus on enhancing its climate commitments and reducing its overall environmental impact.
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Add to project| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 633,000 | 000,000 | 000,000 |
| Scope 2 | 991,000 | 0,000,000 | 000,000 |
| Scope 3 | - | - | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Reitz Holding Gmbh And Co is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
