Public Profile

Thyssenkrupp AG

Company website

Thyssenkrupp AG, a prominent player in the global industrial landscape, is headquartered in Essen, Germany. Founded in 1999 through the merger of Thyssen and Krupp, the company has established itself as a leader in the steel and materials sector, with significant operations across Europe, North America, and Asia. Specialising in steel production, automotive components, and industrial services, Thyssenkrupp is renowned for its innovative solutions and commitment to sustainability. The company’s core offerings include high-performance steel products and advanced engineering services, which are distinguished by their quality and technological advancements. With a strong market position, Thyssenkrupp has achieved notable milestones, including pioneering developments in steel manufacturing and contributing to various infrastructure projects worldwide. Its dedication to excellence and innovation continues to drive its success in the competitive industrial market.

DitchCarbon Score

How does Thyssenkrupp AG'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.

60

Industry Average

Mean score of companies in the Construction Work 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.

19

Industry Benchmark

Thyssenkrupp AG's score of 60 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Thyssenkrupp AG's reported carbon emissions

In 2023, Thyssenkrupp reported total greenhouse gas emissions of approximately 27,900,000,000 kg CO2e, comprising 22,900,000,000 kg CO2e from Scope 1, 1,000,000,000 kg CO2e from Scope 2, and 4,000,000,000 kg CO2e from Scope 3 emissions. This marked an increase from 25,800,000,000 kg CO2e in 2022, which included 21,400,000,000 kg CO2e from Scope 1, 800,000,000 kg CO2e from Scope 2, and 3,600,000,000 kg CO2e from Scope 3. Thyssenkrupp has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 30% by 2030 from a 2018 baseline. Additionally, the company targets a 16% reduction in absolute Scope 3 emissions by 2030 from a 2017 baseline. Looking further ahead, Thyssenkrupp has committed to achieving net-zero emissions across all scopes by 2050, with interim targets to significantly reduce emissions in the near term. These commitments align with industry standards and reflect Thyssenkrupp's dedication to addressing climate change and reducing its carbon footprint in the global market.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192021202220232024
Scope 1
21,800,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
Scope 2
1,300,000,000
0,000,000,000
000,000,000
0,000,000,000
0,000,000,000
Scope 3
5,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Thyssenkrupp AG's primary industry is Construction work (45), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Thyssenkrupp AG is headquartered in DE, which has a rank of medium, indicating medium grid carbon 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.

Thyssenkrupp AG is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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