Rieter Group Sustainability Profile
Rieter Group, a leading Swiss textile machinery manufacturer, is headquartered in Winterthur, Switzerland (CH). Founded in 1795, Rieter has established itself as a pioneer in the textile industry, specialising in the production of spinning systems, machinery, and components. With a strong presence in Europe, Asia, and the Americas, the company serves a global market, providing innovative solutions that enhance efficiency and sustainability in textile production. Rieter's core offerings include spinning preparation, ring spinning, and rotor spinning systems, distinguished by their advanced technology and energy efficiency. The company is recognised for its commitment to research and development, which has led to numerous industry milestones and a robust market position. As a trusted partner for textile manufacturers worldwide, Rieter continues to shape the future of the industry with its cutting-edge products and services.
DitchCarbon Score
How does Rieter Group'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 Machinery and Equipment 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
Rieter Group's score of 23 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rieter Group's reported carbon emissions
In 2023, Rieter Group reported total carbon emissions of approximately 33,865,000 kg CO2e, a significant reduction from about 50,541,000 kg CO2e in 2022. This data encompasses Scope 1 and 2 emissions, indicating the company's direct and indirect greenhouse gas emissions from owned or controlled sources and purchased electricity, steam, heating, and cooling. Rieter has not disclosed specific targets for emissions reduction or any commitments to the Science Based Targets initiative (SBTi). The company has not reported any emissions data for Scope 3, which includes indirect emissions from the value chain. The emissions data reflects a commitment to sustainability, although further details on reduction initiatives or climate pledges are not available. The figures indicate a positive trend towards lowering emissions, aligning with industry standards for climate action.
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| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 46,397,000 | - | - |
| Scope 2 | - | - | - |
| Scope 3 | - | - | - |
How Carbon Intensive is Rieter Group's Industry?
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Rieter Group'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.
Rieter Group 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.
