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 Electrical Machinery Manufacturing 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 30 is higher than 51% 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. Schwäbische Werkzeugmaschinen has committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 75% by FY2033, using FY2021 as the base year. Additionally, the company aims to increase its annual sourcing of renewable electricity from 0% in FY2021 to 90% by FY2025. Furthermore, it plans to reduce its absolute Scope 3 emissions by 32.5% by FY2033, with FY2022 as the base year. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit warming to 1.5°C. Schwäbische Werkzeugmaschinen's commitment reflects a proactive approach to sustainability within the electrical equipment and machinery sector, demonstrating its dedication to reducing its environmental impact.
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.
Schwabische Werkzeugmaschinen 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.
