Rieter Holding AG
Rieter Holding AG, a leading player in the textile machinery industry, is headquartered in Switzerland (CH) and operates extensively across Europe, Asia, and the Americas. Founded in 1795, Rieter has established itself as a pioneer in the development of innovative spinning systems and technologies, marking significant milestones in textile manufacturing. The company specialises in providing comprehensive solutions for spinning mills, including machinery, systems, and services that enhance productivity and sustainability. Rieter's unique offerings, such as its advanced automation and digitalisation capabilities, set it apart in a competitive market. With a strong market position, Rieter is recognised for its commitment to quality and innovation, making it a trusted partner for textile manufacturers worldwide.
DitchCarbon Score
How does Rieter 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 Motor Vehicle Retail Services 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 Holding AG's score of 34 is higher than 97% 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 Holding AG's reported carbon emissions
In 2023, Rieter Holding AG reported total carbon emissions of approximately 33,865,024 kg CO2e, comprising 24 kg CO2e from Scope 1 and 24 kg CO2e from Scope 2 emissions, alongside 33,865,000 kg CO2e from Scope 3 emissions, specifically from purchased goods and services. This data reflects a commitment to transparency in their emissions reporting. Rieter has demonstrated significant progress in reducing its emissions intensity, achieving a reduction in Scope 1 emissions per CHF 1,000 of sales from about 6.9 kg CO2e in 2020 to approximately 2.4 kg CO2e in 2023. This indicates a strong focus on improving operational efficiency and sustainability. The company is committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. Rieter has aligned its targets with the Science Based Targets initiative (SBTi), committing to reduce emissions across all scopes. This commitment underscores Rieter's dedication to addressing climate change and enhancing its environmental performance within the electrical equipment and machinery sector.
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| 2023 | |
|---|---|
| Scope 1 | 24 |
| Scope 2 | 24 |
| Scope 3 | 33,865,000 |
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.
Rieter Holding AG is not participating in any of the initiatives that 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.
