KraussMaffei Group GmbH, a leading name in the machinery and plant engineering sector, is headquartered in Munich, Germany. Founded in 1838, the company has established itself as a pioneer in the production of injection moulding machines, extrusion systems, and reaction process machinery. With a strong presence in Europe, Asia, and the Americas, KraussMaffei serves diverse industries, including automotive, packaging, and medical technology. Renowned for its innovative solutions, KraussMaffei offers unique products that enhance efficiency and sustainability in manufacturing processes. The company has achieved significant milestones, including advancements in automation and digitalisation, solidifying its position as a market leader. With a commitment to quality and innovation, KraussMaffei continues to shape the future of industrial production.
How does KraussMaffei Group GmbH'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.
Mean score of companies in the Machinery and Equipment 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.
KraussMaffei Group GmbH's score of 32 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, KraussMaffei Group GmbH reported total carbon emissions of approximately 27,069,000 kg CO2e, with Scope 1 emissions accounting for about 27,069,000 kg CO2e and Scope 3 emissions from the use of sold products at approximately 32,000 kg CO2e. The company's Scope 1 and 2 emissions combined totalled about 22,755,000 kg CO2e, indicating a significant focus on direct and indirect emissions management. Comparatively, in 2022, KraussMaffei's emissions were approximately 22,755,000 kg CO2e for Scope 1 and 16,000 kg CO2e for Scope 3, highlighting an increase in Scope 1 emissions year-on-year. The company has set ambitious reduction targets, aiming for a 46.3% reduction in direct (Scope 1) and indirect (Scope 2) emissions by 2030, with a target of 635,000 kg CO2e, based on a 2019 baseline of 1,182,000 kg CO2e. KraussMaffei's emissions data is cascaded from its parent company, China National Chemical Corporation Limited, reflecting a corporate commitment to sustainability across its subsidiaries. The company is actively working towards its climate commitments, focusing on reducing its carbon footprint in alignment with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 22,755,000 | 00,000,000 |
Scope 2 | - | - |
Scope 3 | 16,000 | 00,000 |
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.
KraussMaffei Group GmbH 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.