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 37 is higher than 95% 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 greenhouse gas 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 near-term targets to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by FY2032, using FY2022 as the baseline year. Additionally, Voith aims to decrease its Scope 3 emissions from the use of sold products by 30% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Voith's commitment to sustainability is evident in its ongoing efforts to monitor and reduce its carbon footprint, reflecting a proactive approach to climate change and environmental responsibility.
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 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.