Steico
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 29 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Steico's reported carbon emissions
In 2022, Steico reported total carbon emissions of approximately 284,656,000 kg CO2e. This figure includes 75,828,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 152,502,000 kg CO2e from Scope 2 emissions, related to the generation of purchased electricity. Additionally, Scope 3 emissions accounted for about 56,326,000 kg CO2e, which encompass indirect emissions from the value chain. Steico's emissions have shown a significant reduction from previous years. For instance, in 2021, total emissions were approximately 373,197,000 kg CO2e, indicating a decrease of about 88,541,000 kg CO2e in 2022. The company has also improved its emissions intensity, achieving 610 kg CO2e per tonne of final product in 2022, down from 750 kg CO2e per tonne in 2021. Despite these reductions, Steico has not publicly disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 208,005,500 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 168,337,900 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Steico is not committed to any 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.
