Woco Franz Josef Wolf Holding
Woco Franz Josef Wolf Holding, commonly referred to as Woco Group, is a prominent player in the automotive and industrial sectors, headquartered in Germany. Established in 1954, the company has evolved into a leader in the development and production of high-quality elastomer and plastic components, serving major markets across Europe, Asia, and the Americas. Woco Group is renowned for its innovative solutions in vibration control, sealing systems, and acoustic management, which are integral to enhancing vehicle performance and comfort. With a commitment to sustainability and cutting-edge technology, Woco has achieved significant milestones, including numerous industry awards for excellence in engineering and design. As a trusted partner to leading automotive manufacturers, Woco Group continues to solidify its market position through a focus on quality, reliability, and customer satisfaction.
DitchCarbon Score
How does Woco Franz Josef Wolf Holding'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 Motor Vehicle 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.
Industry Benchmark
Woco Franz Josef Wolf Holding's score of 29 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Woco Franz Josef Wolf Holding's reported carbon emissions
In 2023, Woco Franz Josef Wolf Holding reported total carbon emissions of approximately 320,351,000 kg CO2e. This figure includes 2,723,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 46,268,000 kg CO2e from Scope 2 emissions, related to purchased electricity. The majority of their emissions, about 271,362,000 kg CO2e, fall under Scope 3, which encompasses indirect emissions from the supply chain and product lifecycle. Over the years, Woco has demonstrated a commitment to reducing its carbon footprint. In 2022, the company achieved a significant reduction in total emissions, down to approximately 377,039,000 kg CO2e from 472,432,000 kg CO2e in 2021. This reflects a proactive approach to sustainability within the automotive components sector. Woco is currently committed to near-term reduction targets, although it has not yet set a net-zero target. The company is actively working towards improving its emissions intensity, with a focus on enhancing operational efficiency and reducing reliance on fossil fuels. As part of its climate strategy, Woco continues to monitor and report its emissions across all three scopes, ensuring transparency and accountability in its environmental impact.
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| 2016 | 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,914,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 55,554,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 420,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Woco Franz Josef Wolf Holding 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.
