Public Profile

Voith

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.

DitchCarbon Score

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.

21

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Voith's score of 21 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

Voith's reported carbon emissions

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 emissions and 32,108,000 kg CO2e from Scope 2 emissions. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets have not been disclosed. Over the years, Voith's emissions have fluctuated, with a notable decrease from 144,466,000 kg CO2e in 2018 to the current figure. In 2022, the total emissions were about 101,957,000 kg CO2e, indicating a significant reduction in emissions over the past year. Voith has committed to near-term reduction initiatives, although it has not set a net-zero target. The company is actively engaged in sustainability efforts within the electrical equipment and machinery sector, focusing on reducing its operational impact on climate change. Overall, Voith's emissions data reflects a proactive approach to climate commitments, with ongoing efforts to enhance sustainability practices in its operations.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
20162017201820192020202120222023
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
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Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Voith's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Voith is headquartered in DE, which has a rank of medium, indicating medium grid carbon 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.

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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers