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 24 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Schnitzer's reported carbon emissions
In 2022, Schnitzer reported total carbon emissions of approximately 80,339,000 kg CO2e, comprising 51,337,000 kg CO2e from Scope 1 emissions (including 19,689,000 kg CO2e from fugitive emissions and 51,337,000 kg CO2e from stationary combustion) and 28,450,000 kg CO2e from Scope 2 emissions. Additionally, the company disclosed Scope 3 emissions of about 1,272,000 kg CO2e related to business travel. Over the years, Schnitzer has shown a trend of fluctuating emissions. For instance, in 2021, their total emissions were approximately 39,844,000 kg CO2e, with Scope 1 emissions at 14,553,000 kg CO2e and Scope 2 emissions at 25,291,000 kg CO2e. The company has not set specific reduction targets or initiatives as per the latest data, indicating a potential area for improvement in their climate commitments. Schnitzer operates within the iron and steel industry, which is known for its significant carbon footprint. The company’s emissions intensity for the steelmaking process has varied, with a reported intensity of 370 kg CO2e per metric ton of crude steel in 2021 and 190 kg CO2e per metric ton in 2022, reflecting efforts to improve efficiency and reduce emissions. Overall, while Schnitzer has made strides in tracking and reporting emissions, the absence of defined reduction targets suggests a need for enhanced climate action strategies to align with industry standards and global climate goals.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 48,458,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 55,365,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000 | 0,000,000 |
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 committed to any reduction initiatives 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.
