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Construction Work
DE
updated a month ago

Thyssenkrupp AG

Company website

Thyssenkrupp AG, a prominent German multinational, is headquartered in Essen, Germany. Established in 1999 through the merger of Thyssen AG and Krupp, the company has evolved into a key player in the industrial sector, with significant operations across Europe, North America, and Asia. Operating primarily in the steel, automotive, and engineering industries, Thyssenkrupp is renowned for its innovative solutions in materials and components. The company’s core offerings include high-performance steel products, advanced automotive technologies, and cutting-edge industrial services, all distinguished by their commitment to sustainability and efficiency. With a strong market position, Thyssenkrupp AG has achieved notable milestones, including advancements in steel production and a focus on digital transformation. Its dedication to quality and innovation continues to solidify its reputation as a leader in the global 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.

58

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 58 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

77%

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Thyssenkrupp AG's reported carbon emissions

In 2024, Thyssenkrupp AG reported total carbon emissions of approximately 27,400,000,000 kg CO2e, with Scope 1 emissions at about 22,200,000,000 kg CO2e, Scope 2 emissions at around 1,000,000,000 kg CO2e, and Scope 3 emissions at approximately 4,200,000,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were about 27,900,000,000 kg CO2e, with Scope 1 at 22,900,000,000 kg CO2e, Scope 2 at 1,000,000,000 kg CO2e, and Scope 3 at 4,000,000,000 kg CO2e. Thyssenkrupp has set ambitious climate commitments, aiming for climate neutrality by 2045. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 30% by 2030 from a 2018 baseline. Additionally, they aim to reduce Scope 3 emissions by 16% by 2030 from a 2017 baseline. Thyssenkrupp Steel Europe AG, a subsidiary, has committed to a 93% reduction in absolute emissions across all scopes by 2045, with specific targets of 38% reduction per tonne of hot rolled steel by 2032. The company is also focused on reducing emission intensity, targeting a reduction of 1 tonne CO per million euros in sales to 34.5 tonnes CO per million euros in sales by 2024/2025. These targets are aligned with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit global warming to 1.5°C.

Unlock detailed emissions data

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

201920202021202220232024
Scope 1
21,800,000,000
00,000,000,000
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
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

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. This request for Thyssenkrupp AG is in DE, which has a medium grid carbon intensity relative to other regions.

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 participating in some of the initiatives that 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
Reduction Actions

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