Wacker Chemie
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 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.
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Wacker Chemie's reported carbon emissions
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 (market-based), and Scope 3 emissions reaching about 6,052,000,000 kg CO2e. The previous year, 2023, saw total emissions of about 8,113,000,000 kg CO2e, indicating a significant increase in emissions year-on-year. Wacker Chemie has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions by 2045, as part of its membership in the Business Ambition for 1.5°C initiative. The company has committed to reducing its absolute Scope 1 and 2 emissions by 50% by 2030, using 2020 as the baseline year. Additionally, Wacker aims to cut its Scope 3 emissions from purchased goods and services and fuel and energy-related activities by 25% within the same timeframe. Long-term targets include a 95% reduction in absolute Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by 2045, also from a 2020 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Wacker's commitment to sustainable practices within the chemicals sector. The emissions data and climate commitments are cascaded from Wacker Chemie AG, which is the parent organization, ensuring a unified approach to sustainability 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 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
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.
