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 78% 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
As of 2022, Schnitzer's total carbon emissions amounted to approximately 80,339,000 kg CO2e, comprising Scope 1 emissions of about 51,337,000 kg CO2e and Scope 2 emissions of approximately 28,450,000 kg CO2e. The company has also reported Scope 3 emissions of around 1,272,000 kg CO2e, primarily from business travel. Schnitzer has made significant climate commitments, including a goal to achieve net zero emissions from all operations by fiscal 2025. This includes an interim target to reduce Scope 1 greenhouse gas emissions from their recycling operations by 25% by the end of fiscal 2025. In March 2022, they launched GRN Steel™, a product line aimed at eliminating Scope 1 and 2 emissions through a carbon offset and renewable energy credit purchase programme, further reinforcing their commitment to sustainability. Overall, Schnitzer is actively working towards reducing its carbon footprint and enhancing its environmental performance in the steel manufacturing sector.
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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 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.
