Sumitomo (SHI) Demag Sustainability Profile
Sumitomo (SHI) Demag, a leading player in the injection moulding machinery industry, is headquartered in Germany. Established in 1956, the company has built a strong reputation for innovation and quality, serving major operational regions across Europe and beyond. Specialising in high-performance injection moulding machines, Sumitomo (SHI) Demag offers a diverse range of products, including electric, hydraulic, and hybrid systems. Their commitment to energy efficiency and precision engineering sets them apart in a competitive market. With a focus on sustainability and advanced technology, the company has achieved significant milestones, positioning itself as a trusted partner for various industries, including automotive, packaging, and medical sectors. Sumitomo (SHI) Demag continues to lead the way in moulding solutions, ensuring exceptional performance and reliability for its clients.
DitchCarbon Score
How does Sumitomo (SHI) Demag'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 Motor Vehicle Manufacturing 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
Sumitomo (SHI) Demag's score of 13 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sumitomo (SHI) Demag's reported carbon emissions
In 2022, Sumitomo (SHI) Demag Plastics Machinery GmbH reported total carbon emissions of approximately 5,137,000 kg CO2e, with Scope 1 and 2 emissions accounting for about 971,000 kg CO2e. This represents a decrease from 2019, when total emissions were about 6,108,000 kg CO2e. The company has committed to near-term reduction targets, although specific numerical targets have not been disclosed. As a subsidiary of Sumitomo Heavy Industries, Ltd., emissions data and climate commitments are cascaded from the parent company. The company is actively engaged in sustainability initiatives and has been classified as "Committed" to near-term targets under the Science Based Targets initiative (SBTi). However, it has not yet set a net-zero target. Sumitomo (SHI) Demag's emissions intensity, measured as CO2 emissions per million euros of revenue, was approximately 0.000018 kg CO2e in 2023 and 0.000021 kg CO2e in 2022, indicating a focus on improving efficiency alongside emissions reductions. The company continues to align its operations with industry standards for climate action, reflecting a commitment to reducing its environmental impact.
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Sumitomo (SHI) Demag'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.
Sumitomo (SHI) Demag 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.
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