Schnitzer
Schnitzer is a leading player in the recycling and metals industry, headquartered in Germany. Established in 1906, the company has evolved significantly, focusing on sustainable practices and innovative solutions in metal recycling and processing. With major operations across Europe, Schnitzer is renowned for its commitment to environmental stewardship and resource recovery. The company offers a diverse range of services, including scrap metal recycling, processing of ferrous and non-ferrous metals, and the production of high-quality recycled materials. Schnitzer's unique approach combines advanced technology with a deep understanding of market dynamics, positioning it as a trusted partner in the circular economy. Notable achievements include significant contributions to reducing carbon footprints and enhancing resource efficiency, solidifying Schnitzer's reputation as a leader in the industry.
DitchCarbon Score
How does Schnitzer'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 Other 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
Schnitzer's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Schnitzer's reported carbon emissions
In 2023, Schnitzer reported total carbon emissions of approximately 38,635,000 kg CO2e, comprising 19,586,000 kg CO2e from Scope 1 emissions, 19,049,000 kg CO2e from Scope 2 emissions, and 15,762,000 kg CO2e from Scope 3 emissions related to business travel. This marks a slight increase from 2022, where total emissions were about 38,150,000 kg CO2e, with Scope 1 emissions at 17,828,000 kg CO2e and Scope 2 emissions at 20,322,000 kg CO2e. Schnitzer has set ambitious climate commitments, aiming for a 25% reduction in Scope 1 greenhouse gas emissions from its recycling operations by the end of fiscal 2025, with a long-term goal of achieving net zero emissions across all operations. This commitment reflects a proactive approach to climate action, aligning with industry standards for sustainability. The company has disclosed emissions data across all relevant scopes (1, 2, and 3) and has established a clear framework for tracking its progress towards these reduction targets. The emissions data is not cascaded from any parent organization, indicating that Schnitzer is independently managing its climate impact and sustainability initiatives.
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| 2011 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 37,436,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 47,167,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Schnitzer 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.
