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Motor Vehicle Retail Services
CH
updated 2 months ago

Rieter Holding AG Sustainability Profile

Company website

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.

65

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.

32

Industry Benchmark

Rieter Holding AG's score of 65 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

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Rieter Holding AG's reported carbon emissions

In 2024, Rieter Holding AG reported total carbon emissions of approximately 4,246,369,500 kg CO2e. This figure includes Scope 1 emissions of about 7,194,700 kg CO2e, Scope 2 emissions of approximately 17,374,800 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 4,221,800,000 kg CO2e. Notably, the Scope 3 emissions primarily stem from the use of sold products, accounting for about 4,100,000,000 kg CO2e. In 2023, Rieter's total emissions were reported at approximately 10,658,450,300 kg CO2e, with Scope 1 emissions of about 11,414,600 kg CO2e and Scope 2 emissions of approximately 25,035,700 kg CO2e (market-based). The Scope 3 emissions for that year were around 10,622,000,000 kg CO2e, again largely driven by the use of sold products. Rieter has committed to achieving net-zero emissions across all scopes 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 on track with its near-term targets, demonstrating a proactive approach to reducing its carbon footprint. Overall, Rieter Holding AG's emissions data reflects a significant environmental impact, particularly from Scope 3 emissions, while its commitment to net-zero by 2050 indicates a strategic focus on sustainability and climate responsibility.

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202220232024
Scope 1
-
00,000,000
0,000,000
Scope 2
-
00,000,000
00,000,000
Scope 3
-
00,000,000,000
0,000,000,000

How Carbon Intensive is Rieter Holding AG's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Rieter Holding AG's primary industry is Motor Vehicle Retail Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Rieter Holding AG's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Rieter Holding AG is in CH, which has a very low grid carbon intensity relative to other regions.

Rieter Holding AG's Scope 3 Categories Breakdown

Rieter Holding AG's Scope 3 emissions, which decreased by 60% last year and decreased by approximately 60% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 97% of Scope 3 emissions.

Top Scope 3 Categories

2024
Use of Sold Products
97%
Purchased Goods and Services
2%
Upstream Transportation & Distribution
<1%
Capital Goods
<1%
Business Travel
<1%
Waste Generated in Operations
<1%

Rieter Holding AG'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 Holding AG has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Rieter Holding AG's Emissions with Industry Peers

GKN Limited

GB
•
Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries
Updated 3 months ago

Trützschler Group SE

DE
•
Machinery and equipment n.e.c. (29)
Updated about 1 month ago

Aptiv

IE
•
Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries
Updated 8 days ago

Forvia

FR
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 15 days ago

Picanol nv

BE
•
Machinery and equipment n.e.c. (29)
Updated 2 months ago

Valeo

FR
•
Motor vehicles, trailers and semi-trailers (34)
Updated 16 days ago

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