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.
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.
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.
Wacker Chemie's score of 70 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Wacker Chemie AG reported total carbon emissions of approximately 8,581,000,000 kg CO2e, with Scope 1 emissions at about 1,212,000,000 kg CO2e, Scope 2 emissions at approximately 1,317,000,000 kg CO2e, and Scope 3 emissions reaching about 6,052,000,000 kg CO2e. This represents a slight increase from 2023, where total emissions were about 8,113,000,000 kg CO2e. Wacker Chemie has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2045, with a base year of 2020. Near-term targets include a 50% reduction in absolute Scope 1 and 2 emissions by 2030 and a 25% reduction in absolute Scope 3 emissions from purchased goods and services and fuel and energy-related activities within the same timeframe. Long-term goals further stipulate a 95% reduction in Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by 2045. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Wacker Chemie's commitment to the Business Ambition for 1.5°C initiative, which it joined in 2021. The company is also focused on reducing specific CO2 emissions by one-third relative to 2012 levels and halving specific energy consumption by 2030. Wacker Chemie's emissions data is cascaded from its parent organization, ensuring a comprehensive approach to sustainability across its operations.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Wacker Chemie 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.