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 60 is higher than 80% 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 2024, Rieter Holding AG reported total carbon emissions of approximately 4,221,800,000 kg CO2e across all scopes. This includes about 7,194,700 kg CO2e from Scope 1 emissions, approximately 17,374,800 kg CO2e from Scope 2 (market-based), and a significant 4,221,800,000 kg CO2e from Scope 3 emissions, which primarily stem from the use of sold products (approximately 4,100,000,000 kg CO2e). The total emissions for Scope 1 and 2 combined were about 24,569,500 kg CO2e (market-based). In 2023, Rieter's emissions were reported at approximately 10,622,000,000 kg CO2e, with Scope 1 emissions at about 11,414,600 kg CO2e and Scope 2 emissions at approximately 25,035,700 kg CO2e (market-based). The Scope 3 emissions for that year were also substantial, totalling around 10,622,000,000 kg CO2e. Rieter has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which Rieter has officially joined. The company is currently in the process of developing specific reduction targets across all scopes, with a near-term target status classified as "Committed." Overall, Rieter Holding AG is actively working towards reducing its carbon footprint and has set ambitious long-term goals to address climate change, reflecting its commitment to sustainability within the electrical equipment and machinery sector.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 11,414,600 | 0,000,000 |
| Scope 2 | 25,035,700 | 00,000,000 |
| Scope 3 | 10,622,000,000 | 0,000,000,000 |
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.
Rieter Holding AG is participating in some 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.
