Sfs
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 66 is higher than 82% 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, headquartered in Switzerland (CH), reported total carbon emissions of approximately 1,056,000,000 kg CO2e. This figure includes 26,749,100 kg CO2e from Scope 1 emissions, 26,955,100 kg CO2e from Scope 2 emissions, and a significant 1,029,761,400 kg CO2e from Scope 3 emissions, primarily from purchased goods and services, which accounted for 836,243,700 kg CO2e. Comparatively, in 2023, SFS Group's emissions were about 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 Group 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 has made progress towards this goal, achieving a 55.3% reduction in Scope 2 emissions from 2023 to 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 comprehensive approach underscores SFS's dedication to addressing climate change and reducing its carbon footprint significantly in the coming years.
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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 | 49,588,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 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.
