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 82% 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 to address its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. Schwäbische Werkzeugmaschinen aims to reduce its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 75% by the fiscal year 2033, using fiscal year 2021 as the baseline. Additionally, the company plans to increase its annual sourcing of renewable electricity from 0% in FY2021 to 90% by FY2025. For Scope 3 emissions, Schwäbische Werkzeugmaschinen has committed to a 32.5% reduction by FY2033, with FY2022 as the base year. These targets align with the science-based targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The company's proactive approach reflects its commitment to sustainability and reducing its overall carbon footprint in 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 participating in some 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.