Vitesco Technologies
Vitesco Technologies, a leading global provider of advanced powertrain technologies, is headquartered in Regensburg, Germany, with significant operations across Europe, Asia, and North America. Founded in 2019 as a spin-off from Continental AG, the company has quickly established itself in the automotive industry, focusing on electrification and sustainable mobility solutions. Vitesco Technologies offers a diverse range of products, including electric drive systems, hybrid solutions, and electronic control units, all designed to enhance vehicle efficiency and reduce emissions. Their commitment to innovation and sustainability positions them as a key player in the transition towards greener transportation. With a strong market presence and a reputation for quality, Vitesco Technologies continues to achieve notable milestones in the rapidly evolving automotive landscape.
DitchCarbon Score
How does Vitesco Technologies'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 Vehicles 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
Vitesco Technologies's score of 38 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vitesco Technologies's reported carbon emissions
In 2023, Vitesco Technologies reported total carbon emissions of approximately 10.2 million tonnes CO2e. This figure includes about 16,000 tonnes CO2e from Scope 1 emissions, 19 million tonnes CO2e from Scope 2 emissions, and a significant 9.9 million tonnes CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to achieve a 100% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. Additionally, Vitesco Technologies is committed to reducing its absolute Scope 3 emissions by 25% by 2030, based on 2021 levels. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's dedication to addressing climate change within the automotive sector.
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Add to project2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 28 | 00,000,000 | 00,000,000 |
| Scope 2 | 3 | 0,000,000 | 0,000,000 |
| Scope 3 | 13,098,000 | 00,000,000,000 | 0,000,000,000 |
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.
Vitesco Technologies 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.
