- Temporarily sharp increases in electricity and gas prices resulted in customer losses.
- Complex energy price caps placed additional burdens on customer satisfaction.
- Staff shortage made full service temporarily impossible on certain MVG lines.
- High energy costs and the need to ensure a reliable supply.
- High cost of living in Munich and shortage of available flats.
- Sluggish development in increasing the share of women in leadership positions.
Stadtwerke München GmbH
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Stadtwerke München GmbH disclosed greenhouse gas emissions of 2.5M tCO2e (Scope 123). By scope: Scope 1: 2.3M tCO2e; Scope 2: 2.9M tCO2e; Scope 3: 8.0M tCO2e. 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
2.5M tCO2e (Scope 123)
2023
Renewable Energy
71.2% (electricity), 24.5% (district heating)
of total energy
Water Usage
112.2 million m³
2023
Energy Use
1.1K GWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2.3M tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.9M tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 8.0M tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reached a nominal annual generation of approximately 6.3 billion kilowatt-hours of green electricity in its own plants, corresponding to more than 90% of Munich’s electricity consumption.
- Construction of a large-scale heat storage reservoir commenced at the “Süd” energy location.
- Successfully put HPC and DC charging stations in operation for electric vehicles.
- Converted additional sections of the district heating grid in the Ramersdorf neighborhood from steam to hot water.
- Began to hook up a new area in Moosach to the district heating grid.
- Reduced the price of district heating three times in 2023.
- Lowered gas prices by 40% in October 2023 and electricity prices by a further 25% in November 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase the share of women in leadership positions to at least 25% by 2025.
- Generate sufficient green electricity in its own plants to cover all of Munich’s consumption from 2025 onwards.
- Achieve an EBIT share of at least 3% from new products and services by 2025.
📅 Medium-term
- Expand the district cooling grid to a capacity of at least 165 megawatts by 2030.
- Increase the portfolio of SWM-owned flats to approximately 3,000 by 2030.
🔭 Long-term
- Achieve climate neutrality by 2040.
- Supply CO2-neutral district heating to Munich by 2040.
- Electrify its fleets by 2035.
- Achieve CO2-neutral operation of all public pools in Munich by 2040.
🌱 ESG Focus Areas
Climate and EnvironmentFuture-proof Corporate CultureSustainable Supply Chain and Products