Vitesco Technologies Group AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, Vitesco Technologies Group AG disclosed greenhouse gas emissions of 10.0 million t CO₂e (market-based). By scope: Scope 1: 0.016 million t CO2e; Scope 2: 0.004 million t CO2e (market-based); Scope 3: 9.947 million t CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
10.0 million t CO₂e (market-based)
2023
⚡
Renewable Energy
100%
of total energy
💧
Water Usage
1.17 million m3
2023
♻️
Waste
30.0K tons
2023
⚙️
Energy Use
0.67 TWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).0.016 million t CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.0.004 million t CO2e (market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).9.947 million t CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202310.0 million t CO₂e (market-based)
202112.0 million t CO₂e (location-based) / 11.7 million t CO₂e (market-based)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water demand in high water risk areas by 4% per year (based on revenues) by 2030.
  • Reduce water demand in medium water risk areas by 2% annually (based on revenues) by 2030.
  • Reduce absolute GHG emissions from own operational activities (Scope 1 and 2) by 100% by 2030.
  • Reduce absolute Scope 3 emissions by 25% by 2030.
  • Increase waste recovery quota to 95% by 2030.

📅 Medium-term

  • Net climate neutrality of own operational activities by 2030.
  • 100% life-cycle orientation for all new products and part numbers by 2030.

🔭 Long-term

  • Net-zero GHG emissions across the entire value chain (Scope 1 to 3) by 2040.

🌱 ESG Focus Areas

Clean MobilityClimate ProtectionResource Efficiency and CircularityFair Work and DiversityBusiness Ethics and ComplianceOccupational Health and SafetyResponsible Sourcing and Partnerships

⚠️ Challenges & Risks +

  • Supply chain disruptions due to geopolitical crises.
  • Data gaps and lack of standardization in calculating product carbon footprint (PCF).
  • Remaining data gaps and a lack of standardization in calculating PCF.
  • Harmonizing standards and cultivating discussion with employees, customers, and suppliers to create a robust framework of behaviors for sustainability and environmental protection in the US and Canada.
  • Achieving 100% coverage of strategic suppliers by the Business Partner Code of Conduct (98.3% achieved).

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD, UN Global Compact
Assurance: KPMG AG Wirtschaftsprüfungsgesellschaft (limited assurance on selected indicators)