Siegwerk Druckfarben Ag And Co Kgaa Sustainability Profile
Siegwerk Druckfarben AG & Co. KGaA, headquartered in Germany, is a leading global provider of printing inks and coatings. Founded in 1832, the company has established a strong presence in key operational regions across Europe, Asia, and the Americas. Specialising in the packaging and label printing sectors, Siegwerk offers a diverse range of innovative products, including water-based, solvent-based, and UV inks, which are renowned for their quality and sustainability. With a commitment to environmental responsibility, Siegwerk has achieved significant milestones, such as developing eco-friendly ink solutions that meet stringent regulatory standards. The company is well-positioned in the market, recognised for its technological advancements and customer-centric approach, making it a trusted partner for businesses seeking high-performance printing solutions.
DitchCarbon Score
How does Siegwerk Druckfarben Ag And Co Kgaa'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 Chemicals 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
Siegwerk Druckfarben Ag And Co Kgaa's score of 48 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Siegwerk Druckfarben Ag And Co Kgaa's reported carbon emissions
In 2023, Siegwerk Druckfarben AG & Co. KGaA reported total carbon emissions of approximately 819,071,000 kg CO2e, all of which fall under Scope 3 emissions. This figure represents a decrease from 2022, when emissions were about 935,556,000 kg CO2e. The breakdown of 2023 emissions includes significant contributions from purchased goods and services (approximately 762,566,000 kg CO2e), capital goods (about 11,607,000 kg CO2e), and upstream transportation and distribution (approximately 16,520,000 kg CO2e). Siegwerk has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. Near-term targets include a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2020 baseline, alongside a commitment to source 100% renewable electricity by 2025. Additionally, the company aims to reduce absolute Scope 3 emissions from purchased goods and services by 25% by 2030. Long-term goals further stipulate a 90% reduction in absolute Scope 1, 2, and 3 emissions by 2050, also based on a 2020 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to sustainable practices within the chemicals sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 12,851,000 | - | - |
| Scope 2 | 23,874,000 | - | - |
| Scope 3 | 937,600,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Siegwerk Druckfarben Ag And Co Kgaa's Industry?
How Carbon Intensive is Siegwerk Druckfarben Ag And Co Kgaa's Location?
Siegwerk Druckfarben Ag And Co Kgaa's Scope 3 Categories Breakdown
Siegwerk Druckfarben Ag And Co Kgaa's Scope 3 emissions, which decreased by 12% last year and decreased by approximately 13% 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 93% of Scope 3 emissions.
Top Scope 3 Categories
Siegwerk Druckfarben Ag And Co Kgaa'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.
Siegwerk Druckfarben Ag And Co Kgaa 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.
Clariant
FUJIFILM Holdings Corporation
Frequently Asked Questions
Common questions about Siegwerk Druckfarben Ag And Co Kgaa's sustainability data and climate commitments