Voith GmbH & Co. KGaA, a renowned name in the engineering sector, is headquartered in Heidenheim, Germany. Established in 1867, Voith has evolved into a global leader, particularly in the fields of hydropower, paper, and rail technology. With a strong presence across Europe, North America, and Asia, the company is committed to innovation and sustainability. Voith's core offerings include advanced solutions in hydropower generation, paper production technology, and rail systems, distinguished by their efficiency and reliability. The company has achieved significant milestones, including pioneering developments in energy-efficient technologies. As a trusted partner in various industries, Voith is recognised for its commitment to quality and customer satisfaction, solidifying its position as a key player in the global market.
How does Voith'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.
Mean score of companies in the Computer 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.
Voith's score of 40 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Voith GmbH & Co. KGaA reported total carbon emissions of approximately 88,663,000 kg CO2e, comprising 56,555,000 kg CO2e from Scope 1 and 32,108,000 kg CO2e from Scope 2 emissions. The company has set ambitious targets to reduce its carbon footprint, committing to a 50.4% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2032, using FY2022 as the baseline. Additionally, Voith aims to decrease Scope 3 emissions from the use of sold products by 30% within the same timeframe. Looking towards the long term, Voith has pledged to achieve a 90% reduction in CO2 emissions at its locations by the end of 2049/50, compared to 2016/17 levels. These targets are currently under review for validation by the Science Based Targets initiative (SBTi). The company’s commitment to sustainability reflects its proactive approach to addressing climate change and reducing its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 30,554,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 122,614,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 28,755,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | - |
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.
Voith 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.