Ifm
Ifm Electronic GmbH, commonly known as Ifm, is a leading provider of automation and sensor technology, headquartered in Essen, Germany. Founded in 1969, the company has established a strong presence in Europe, Asia, and North America, serving a diverse range of industries including manufacturing, automotive, and process automation. Ifm is renowned for its innovative products, including sensors, control systems, and connectivity solutions, which are designed to enhance efficiency and reliability in industrial applications. Their commitment to quality and cutting-edge technology has positioned them as a trusted partner in the automation sector. With a focus on customer-centric solutions and a robust portfolio, Ifm has achieved significant milestones, including numerous industry awards and recognitions, solidifying its status as a market leader in sensor and automation technology.
DitchCarbon Score
How does Ifm'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 Electricity from Other Sources 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
Ifm's score of 23 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Ifm's reported carbon emissions
In 2023, Ifm reported total carbon emissions of approximately 9,594,000 kg CO2e, a significant decrease from about 19,224,000 kg CO2e in 2022. The emissions breakdown for 2023 includes 1,541,000 kg CO2e from Scope 1 (mobile combustion), 20,000 kg CO2e from Scope 2 (purchased electricity), and 1,604,000 kg CO2e from Scope 3 (business travel). This marks a notable reduction in emissions across all scopes compared to previous years, particularly in Scope 3, which saw a decrease from 918,000 kg CO2e in 2022. Ifm has set ambitious climate commitments, aiming for a 40% reduction in Scope 1 and Scope 2 emissions by 2030, based on a 2019 baseline of 3,000,000 kg CO2e. Additionally, for its private equity portfolio, Ifm targets a 45% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2020 baseline. Furthermore, the company has committed to achieving net zero emissions across its asset classes (Scope 1 and Scope 2) by 2050. These initiatives reflect Ifm's proactive approach to climate action, aligning with industry standards and demonstrating a commitment to sustainability. The emissions data and reduction targets are not cascaded from any parent organization, indicating that Ifm is independently managing its carbon footprint and climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 7,340,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,433,000 | 0,000,000 | - | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | 0,000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
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.
Ifm is not participating in any 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.
