VACUUMSCHMELZE GmbH & Co. KG Sustainability Profile
VACUUMSCHMELZE GmbH & Co. KG, commonly referred to as VAC, is a leading global player in the field of advanced materials and magnetic solutions, headquartered in Hanau, Germany. Founded in 1961, the company has established itself as a pioneer in the development of high-performance magnetic materials, soft magnetic alloys, and inductive components, serving diverse industries such as automotive, aerospace, and renewable energy. With a strong emphasis on innovation, VACUUMSCHMELZE offers unique products like amorphous and nanocrystalline materials, which are renowned for their superior magnetic properties and energy efficiency. The company has achieved significant milestones, including numerous patents and a robust international presence, with operational facilities across Europe, Asia, and the Americas. VAC's commitment to quality and sustainability positions it as a trusted partner in the global market for advanced magnetic solutions.
DitchCarbon Score
How does VACUUMSCHMELZE GmbH & Co. KG'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 Electrical Machinery 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
VACUUMSCHMELZE GmbH & Co. KG's score of 22 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VACUUMSCHMELZE GmbH & Co. KG's reported carbon emissions
In 2022, VACUUMSCHMELZE GmbH & Co. KG reported total carbon emissions of approximately 40,000 kg CO2e, encompassing both Scope 1 and Scope 2 emissions. This figure represents a significant reduction from the previous years, where emissions were about 90,000 kg CO2e in both 2021 and 2020. The company has committed to achieving net-zero emissions, demonstrating its dedication to climate action within the electrical equipment and machinery sector. VACUUMSCHMELZE's climate commitments include a near-term target status of "Committed" towards net-zero emissions, although specific reduction targets have not been disclosed. The company is actively engaged in sustainability initiatives, as evidenced by its participation in the Science Based Targets initiative (SBTi), which underscores its commitment to aligning with global climate goals. Overall, VACUUMSCHMELZE is making strides in reducing its carbon footprint while maintaining a focus on sustainable practices in its operations based in Germany.
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VACUUMSCHMELZE GmbH & Co. KG'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.
VACUUMSCHMELZE GmbH & Co. KG 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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