- Volatile influencing factors such as geopolitical conflicts impacting global logistics and supply chains.
- Declining demand in e-mobility due to discontinuation of government subsidy programs.
- Involving customers in inflation-related price increases.
- Shortage of skilled workers, particularly in the USA and Mexico.
Hirschvogel Holding GmbH
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Hirschvogel Holding GmbH disclosed greenhouse gas emissions of 1.3M t CO2e/year. By scope: Scope 1: 33.3K t CO2e/year; Scope 2: 168.8K t CO2e/year; Scope 3: 1.1M t CO2e/year. 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
1.3M t CO2e/year
2023
Energy Use
456.2K MWh/year
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). | 33.3K t CO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 168.8K t CO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.1M t CO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.3M t CO2e/year |
| 2022 | 136.4K tCO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Linked a syndicated loan with environmental and social factors, involving a 42% reduction of Scope 1 and Scope 2 CO2e emissions by 2030 compared to 2023 and a 30% reduction of the Lost Time Incident Rate by 2030 compared to 2022.
- Replaced lighting in several production halls with LED lights, saving several 100 MWh/a.
- Expanded a hot forging furnace to feed heat into the heating network, saving around 360 MWh of natural gas per year.
- Expanded in-house electricity production with photovoltaic systems (1.2 MWp in China and 500 MWp in Mexico).
- Improved the air compressor motor in India, resulting in an energy saving of 6,760 kWh/month.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and 2 greenhouse gas emissions by 42% by 2030.
📅 Medium-term
- Reduce Scope 3 greenhouse gas emissions by 25% by 2030.
- Generate the majority of sales by 2030 with products for e-mobility powertrains or drive-independent products.
🔭 Long-term
- Contribute to zero-emission mobility.
🌱 ESG Focus Areas
Sustainable products and technologiesEnergy & emissionsMaterial and resource efficiencyOccupational health and safetyEmployee promotion and development