Vitesco Technologies
Vitesco Technologies, a leading global provider of advanced powertrain technologies, is headquartered in Germany (DE) and operates extensively across Europe, Asia, and the Americas. 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 is evident in their cutting-edge technologies that support the transition to cleaner transportation. With a strong market position, Vitesco Technologies has achieved significant milestones, including partnerships with major automotive manufacturers and recognition for its contributions to sustainable mobility. The company continues to lead the way in shaping the future of the automotive powertrain 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 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
Vitesco Technologies's score of 41 is higher than 96% 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 greenhouse gas emissions of approximately 10,248,000,000 kg CO2e. This figure includes 16,000,000 kg CO2e from Scope 1 emissions, 4,000,000 kg CO2e from Scope 2 emissions, and a significant 9,947,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to achieve a 100% reduction in absolute Scope 1 and 2 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, with 2021 as the reference year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. Vitesco Technologies operates from its headquarters in Germany and is part of the automobiles and components sector, reflecting a strong commitment to sustainability and climate action within the automotive industry.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 28,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 3,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 13,098,000,000 | 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.
