Wacker Chemie Sustainability Profile
Wacker Chemie AG, commonly referred to as Wacker, is a leading global chemical company headquartered in Munich, Germany. Founded in 1914, Wacker has established itself as a key player in the chemical industry, with major operational regions across Europe, Asia, and the Americas. The company specialises in silicone products, polymer materials, and biotechnology, offering innovative solutions that cater to diverse sectors such as construction, automotive, and electronics. Wacker's core products, including silicone sealants and dispersions, are renowned for their high quality and performance, setting industry standards. With a strong commitment to sustainability and innovation, Wacker has achieved significant milestones, including advancements in renewable materials. As a market leader, Wacker Chemie continues to drive growth and maintain a competitive edge through its extensive research and development efforts.
DitchCarbon Score
How does Wacker Chemie'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 Chemicals 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
Wacker Chemie's score of 76 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wacker Chemie's reported carbon emissions
In 2024, Wacker Chemie AG reported total greenhouse gas emissions of approximately 8.6 billion kg CO2e. This includes Scope 1 emissions of about 1.2 billion kg CO2e, Scope 2 emissions of approximately 1.3 billion kg CO2e, and significant Scope 3 emissions totalling around 6.1 billion kg CO2e. The company has set ambitious climate commitments, aiming to halve its absolute greenhouse gas emissions across all scopes by 2030, using 2020 as the baseline year. This target encompasses a 50% reduction in absolute Scope 1 and 2 emissions and a 25% reduction in Scope 3 emissions from purchased goods and services and fuel and energy-related activities. Wacker Chemie AG is also committed to achieving net-zero emissions by 2045, with long-term targets of reducing absolute Scope 1 and 2 emissions by 95% and Scope 3 emissions by 90% from the 2020 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices within the chemicals sector. The emissions data and targets are cascaded from Wacker Chemie AG, ensuring consistency in reporting and accountability across its operations.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,251,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,420,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | 00,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Wacker Chemie's Industry?
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Wacker Chemie's Scope 3 Categories Breakdown
Wacker Chemie's Scope 3 emissions, which increased by 13% last year and decreased by approximately 60% since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 71% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.
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Wacker Chemie's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Wacker Chemie has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Wacker Chemie's sustainability data and climate commitments