Skoda Sustainability Profile
Škoda Auto, a prominent player in the automotive industry, is headquartered in Mladá Boleslav, Czech Republic (CZ). Founded in 1895, the company has evolved significantly, becoming a key manufacturer of passenger vehicles and a subsidiary of the Volkswagen Group. With a strong presence in Europe and expanding operations in emerging markets, Škoda is renowned for its innovative engineering and value-driven offerings. The brand's core product line includes a diverse range of cars, from compact models to spacious SUVs, all characterised by their practicality and advanced technology. Notable achievements include consistently high customer satisfaction ratings and a growing market share, positioning Škoda as a trusted choice among consumers. With a commitment to sustainability and cutting-edge design, Škoda continues to set benchmarks in the automotive sector.
DitchCarbon Score
How does Skoda'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 Machinery and Equipment 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
Skoda's score of 52 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Skoda's reported carbon emissions
In 2023, Skoda Auto a.s., headquartered in the Czech Republic (CZ), reported total carbon emissions of approximately 25.6 billion kg CO2e. This figure includes Scope 1 emissions of about 365 million kg CO2e and Scope 3 emissions of approximately 25.2 billion kg CO2e, while Scope 2 emissions were reported as zero. The total emissions represent a significant increase from 2022, when the company recorded approximately 20.6 billion kg CO2e, with Scope 1 emissions at about 400 million kg CO2e and Scope 3 emissions around 20.2 billion kg CO2e. Skoda's emissions data is cascaded from its parent company, Volkswagen AG, indicating a corporate family relationship that influences its sustainability reporting. However, there are currently no specific reduction targets or climate pledges disclosed by Skoda, nor are there any documented initiatives aimed at reducing emissions. The absence of reduction targets suggests that Skoda may be aligning its climate strategy with broader corporate initiatives from Volkswagen AG, which has established its own sustainability goals. Overall, Skoda Auto's emissions profile highlights the challenges faced by automotive manufacturers in reducing their carbon footprint, particularly in Scope 3 emissions, which typically encompass the majority of emissions in the automotive sector.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 384,212,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | 21,646,051,000 | 00,000,000,000 | 00,000,000,000 |
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Skoda'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.
Skoda 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.
