OSRAM Licht AG
OSRAM Licht AG, commonly referred to as OSRAM, is a leading global player in the lighting industry, headquartered in Germany. Founded in 1919, the company has evolved significantly, establishing a strong presence in Europe, Asia, and North America. OSRAM is renowned for its innovative solutions in the fields of general lighting, automotive lighting, and specialty lighting, focusing on both traditional and smart lighting technologies. The company’s core offerings include high-quality LED products, intelligent lighting systems, and advanced sensor technologies, which set them apart in a competitive market. OSRAM has achieved notable milestones, including pioneering developments in energy-efficient lighting and smart city solutions. With a commitment to sustainability and innovation, OSRAM continues to solidify its position as a trusted leader in the global lighting sector.
DitchCarbon Score
How does OSRAM Licht AG'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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
OSRAM Licht AG's score of 21 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OSRAM Licht AG's reported carbon emissions
In 2020, OSRAM Licht AG reported significant carbon emissions, totalling approximately 236,300,000 kg CO2e from Scope 1 and Scope 2 sources combined. This figure includes about 29,200,000 kg CO2e from Scope 1, primarily from stationary combustion, and around 207,100,000 kg CO2e from Scope 2, mainly from purchased electricity. The company has set ambitious climate commitments, aiming for a 100% reduction in its Scope 1 and Scope 2 emissions by 2030. Additionally, OSRAM has established a long-term goal to achieve a 90% reduction in these emissions by 2035. Furthermore, they are committed to reaching net-zero emissions across all scopes by 2035, demonstrating a comprehensive approach to tackling climate change. OSRAM's reduction strategies align with the Science Based Targets initiative (SBTi), ensuring that their targets are both ambitious and scientifically grounded. The company is on track to meet its near-term goals, with a specific target of reducing emissions by at least 42% by 2030, which translates to an annual reduction of at least 4.2%. These commitments reflect OSRAM's dedication to sustainability and its proactive stance in addressing climate-related challenges.
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| 2020 | |
|---|---|
| Scope 1 | 29,200,000 |
| Scope 2 | 207,100,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
OSRAM Licht AG is participating in some 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.
