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 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 Scope 1 emissions of about 2,723,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 46,268,000 kg CO2e, mainly from purchased electricity. The most significant contribution to their total emissions comes from Scope 3, which accounts for about 271,362,000 kg CO2e, with major sources including purchased goods and services (approximately 212,015,000 kg CO2e) and capital goods (about 5,460,000 kg CO2e). Comparatively, in 2022, Woco's total emissions were about 377,039,000 kg CO2e, indicating a reduction of approximately 56,688,000 kg CO2e year-on-year. This trend of decreasing emissions is notable, as the company has committed to near-term climate targets, although specific reduction targets have not been detailed. Woco is actively engaged in climate initiatives, with commitments made under the Science Based Targets initiative (SBTi) as of July 1, 2022. However, the company has not yet committed to a net-zero target. The emissions data and climate commitments are inherited from Woco Industrietechnik GmbH, reflecting a corporate family relationship. Overall, Woco Franz Josef Wolf Holding is making strides in reducing its carbon footprint while continuing to assess and enhance its climate strategies.
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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 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.
