SFS Group AG, commonly referred to as SFS, is a leading global provider of fastening systems and precision components, headquartered in Heerbrugg, Switzerland. Established in 1928, SFS has evolved into a key player in the manufacturing industry, with significant operations across Europe, North America, and Asia. The company excels in sectors such as automotive, construction, and electronics, offering innovative solutions that enhance efficiency and reliability. SFS is renowned for its high-quality products, including screws, bolts, and customised fastening solutions, which are distinguished by their precision engineering and durability. With a strong commitment to sustainability and technological advancement, SFS has achieved notable milestones, including numerous industry awards and certifications. As a trusted partner for many leading brands, SFS continues to solidify its market position through continuous innovation and exceptional service.
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.
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.
Sfs's score of 43 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SFS Group reported total carbon emissions of approximately 116,881,000 tonnes CO2e, comprising 27,166,000 tonnes CO2e from Scope 1, 19,257,000 tonnes CO2e from Scope 2, and 116,881,000 tonnes CO2e from Scope 3 emissions. This reflects a significant reliance on indirect emissions, particularly from purchased goods and services, which accounted for a substantial portion of their total emissions. Over the years, SFS has made strides in reducing its carbon footprint. For instance, in 2022, the total emissions were about 95,000,000 tonnes CO2e, indicating a focus on improving efficiency and reducing emissions across their operations. The company has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy, which encompasses all scopes of emissions. SFS is actively engaged in the Science Based Targets initiative (SBTi) and has set a net-zero commitment, signalling its dedication to aligning with global climate goals. However, the company has received a score of "F" in its CDP disclosures, highlighting areas for improvement in transparency and action on climate-related risks. Overall, SFS Group's emissions data and climate commitments reflect a proactive approach to sustainability, with a clear target for long-term emissions reduction and a commitment to net-zero by 2050.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 17,258,000 | 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 |
Scope 3 | 49,588,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 |
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.
Sfs 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.