Schwäbische Werkzeugmaschinen GmbH, commonly referred to as SW, is a leading player in the machine tool industry, headquartered in Germany. Established in 1998, the company has rapidly evolved, focusing on innovative solutions for precision machining. With a strong presence in Europe and expanding operations globally, SW is renowned for its advanced manufacturing technologies. The company specialises in high-performance machining centres and automation systems, offering unique features that enhance productivity and efficiency. Notable for its commitment to quality and precision, Schwäbische Werkzeugmaschinen has achieved significant milestones, including numerous industry awards and recognitions. As a trusted partner for various sectors, including automotive and aerospace, SW continues to solidify its market position through cutting-edge technology and exceptional customer service.
How does Schwabische Werkzeugmaschinen'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.
Mean score of companies in the 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.
Schwabische Werkzeugmaschinen's score of 20 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Schwäbische Werkzeugmaschinen GmbH, headquartered in Germany, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established clear targets for the future. The firm is committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 75% by the fiscal year 2033, using the fiscal year 2021 as a baseline. Additionally, Schwäbische Werkzeugmaschinen aims to increase its annual sourcing of renewable electricity from 0% in FY2021 to 90% by FY2025. Furthermore, the company plans to reduce its absolute Scope 3 GHG emissions by 32.5% by FY2033, with a baseline set in FY2022. These targets align with industry standards for climate action, reflecting a commitment to sustainable practices and a proactive approach to mitigating climate change impacts. Schwäbische Werkzeugmaschinen's initiatives demonstrate a strong dedication to environmental responsibility within the electrical equipment and machinery sector.
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.
Schwabische Werkzeugmaschinen is committed to some 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.