Voith

Voith, a German machinery and equipment manufacturer, reported Scope 1 emissions of approximately 51,339,000 kg CO2e and Scope 2 emissions of approximately 28,361,000 kg CO2e for 2024. In 2023, the company's Scope 1 emissions were approximately 57,557,000 kg CO2e and Scope 2 emissions were approximately 31,625,000 kg CO2e. Looking back to 2017, Voith reported Scope 1 emissions of approximately 26,441,000 kg CO2e, Scope 2 emissions of approximately 126,934,000 kg CO2e, and partial Scope 3 emissions (from business travel and use of sold products) of approximately 13,154,000 kg CO2e. For 2016, Scope 1 emissions were approximately 30,554,000 kg CO2e, Scope 2 emissions were approximately 122,614,000 kg CO2e, and partial Scope 3 emissions (from business travel) were approximately 16,308,000 kg CO2e.

Voith GmbH & Co. KGaA, the parent company, has committed to significant climate targets. They aim to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by fiscal year 2032, using a fiscal year 2022 baseline. Additionally, the company is committed to reducing absolute Scope 3 GHG emissions from the use of sold products by 30% within the same timeframe. These targets, covering Scope 1 and 2, are consistent with limiting global warming to 1.5°C, as validated by the Science Based Targets initiative (SBTi). Voith also has an internal target to reduce CO2 emissions at their locations by 90% by the end of 2049/50, compared to the 2016/17 baseline levels for Scope 1 and Scope 2.