Ifm Sustainability Profile
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 20 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ifm's reported carbon emissions
In 2023, Ifm reported total carbon emissions of approximately 9,594,000 kg CO2e. This figure includes 3,082,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, 20,000 kg CO2e from Scope 2 emissions related to purchased electricity, and 1,604,000 kg CO2e from Scope 3 emissions, predominantly from business travel. Comparatively, in 2022, Ifm's total emissions were about 19,224,000 kg CO2e, with Scope 1 emissions at 8,274,000 kg CO2e, Scope 2 emissions remaining at 20,000 kg CO2e, and Scope 3 emissions at 918,000 kg CO2e. This indicates a significant reduction in total emissions of approximately 9,630,000 kg CO2e year-on-year. Ifm has disclosed emissions data across all three scopes (1, 2, and 3) for the years 2021 to 2023, showcasing a commitment to transparency in their climate impact reporting. However, there are currently no specific reduction targets or climate pledges outlined in their sustainability initiatives. The emissions data is not cascaded from a parent organization, indicating that Ifm is independently reporting its carbon footprint. The organization continues to monitor and report its emissions, reflecting an ongoing commitment to understanding and managing its environmental impact.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | 0,000,000 | - | 00,000 | 00,000 | 00,000 |
| Scope 3 | 571,952,000 | 000,000,000 | 000,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
How Carbon Intensive is Ifm's Industry?
How Carbon Intensive is Ifm's Location?
Ifm's Scope 3 Categories Breakdown
Ifm's Scope 3 emissions, which increased by 75% last year and decreased by approximately 100% since 2016, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 34% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Ifm's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ifm has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
