Sfs Sustainability Profile
SFS Group AG, commonly referred to as SFS, is a leading global provider of fastening systems and precision components, headquartered in Switzerland (CH). Established in 1928, the company has evolved significantly, expanding its operational reach across Europe, North America, and Asia. SFS operates primarily in the manufacturing industry, focusing on sectors such as automotive, construction, and electronics. Its core offerings include high-quality screws, bolts, and customised fastening solutions, distinguished by their innovative design and superior performance. With a strong market position, SFS has achieved notable milestones, including strategic acquisitions and a commitment to sustainability. The company is recognised for its dedication to quality and customer satisfaction, making it a trusted partner in the fastening solutions market.
DitchCarbon Score
How does Sfs'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 Business 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
Sfs's score of 86 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sfs's reported carbon emissions
In 2024, SFS Group AG reported total carbon emissions of approximately 1,056,000,000 kg CO2e, with emissions distributed across various scopes: 26,749,100 kg CO2e (Scope 1), 26,955,100 kg CO2e (Scope 2), and a significant 1,029,761,400 kg CO2e (Scope 3). The combined Scope 1 and 2 emissions totalled about 53,704,000 kg CO2e. Comparatively, in 2023, SFS's emissions were approximately 1,086,000,000 kg CO2e, with Scope 1 at 27,443,300 kg CO2e, Scope 2 at 60,366,900 kg CO2e, and Scope 3 at 1,086,312,200 kg CO2e. This indicates a slight reduction in total emissions year-on-year. SFS has set ambitious climate commitments, aiming to reduce its direct CO2 emissions (Scope 1 and 2) by at least 90% by 2030, using 2020 as the baseline year. This target reflects a strong commitment to sustainability and aligns with industry standards for climate action. The company is currently on track to meet its near-term reduction goals, with a reported 55.3% reduction in Scope 2 emissions achieved in 2024. Additionally, SFS Group is committed to net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitments. This long-term goal underscores the company's dedication to addressing climate change and reducing its overall carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 17,258,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 93,224,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Sfs's Scope 3 Categories Breakdown
Sfs's Scope 3 emissions, which decreased by 5% last year and increased by approximately 436% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 81% of Scope 3 emissions.
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Sfs's Climate Goals (2030 & 2050)
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.
Sfs 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.
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Frequently Asked Questions
Common questions about Sfs's sustainability data and climate commitments