Steico Sustainability Profile
Steico SE, headquartered in Germany, is a leading player in the sustainable building materials industry. Founded in 1986, the company has established itself as a pioneer in the production of eco-friendly insulation solutions and wood-based products, primarily serving the European market. Steico's core offerings include natural insulation materials, such as wood fibre boards and cellulose, which are renowned for their superior thermal performance and environmental benefits. The company’s commitment to sustainability and innovation has positioned it as a trusted name in the construction sector, catering to both residential and commercial projects. With a strong focus on research and development, Steico has achieved significant milestones, including numerous certifications for its products, underscoring its dedication to quality and environmental responsibility. As a result, Steico continues to enhance its market position, contributing to a greener future in building practices.
DitchCarbon Score
How does Steico'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 Wood Products Other Than Furniture 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
Steico's score of 45 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Steico's reported carbon emissions
In 2021, Steico reported total carbon emissions of approximately 373,197,400 kg CO2e, with Scope 1 emissions at about 127,895,000 kg CO2e, Scope 2 emissions at around 190,653,700 kg CO2e, and Scope 3 emissions contributing approximately 54,648,800 kg CO2e. The company has not disclosed emissions data for 2022, but it is noted that their revenue for that year was approximately USD 476,580,239. Steico's emissions data is cascaded from its parent company, Kingspan Group plc, indicating a corporate family relationship that influences its climate commitments. However, there are currently no specific reduction targets or initiatives reported by Steico, nor are there any climate pledges documented. The company has reported a greenhouse gas intensity of about 0.00064 kg CO2e per €1,000 of revenue and a CO2 emissions intensity of approximately 610 kg CO2e per tonne of final product. Additionally, emissions from company cars were recorded at about 15,000 tonnes CO2e. Overall, while Steico has made strides in measuring its emissions, further clarity on reduction targets and commitments would enhance its sustainability profile.
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| 2018 | 2021 | |
|---|---|---|
| Scope 1 | 208,005,500 | 000,000,000 |
| Scope 2 | 168,337,900 | 000,000,000 |
| Scope 3 | - | 00,000,000 |
How Carbon Intensive is Steico's Industry?
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Steico'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.
Steico has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
