Woco Franz Josef Wolf Holding
Woco Franz Josef Wolf Holding, commonly referred to as Woco Group, is a prominent player in the automotive and industrial sectors, headquartered in Germany. Established in 1954, the company has evolved into a leader in the development and production of high-quality elastomer and plastic components, serving major markets across Europe, Asia, and the Americas. Woco Group is renowned for its innovative solutions in vibration control, sealing systems, and acoustic management, which are integral to enhancing vehicle performance and comfort. With a commitment to sustainability and cutting-edge technology, Woco has achieved significant milestones, including numerous industry awards for excellence in engineering and design. As a trusted partner to leading automotive manufacturers, Woco Group continues to solidify its market position through a focus on quality, reliability, and customer satisfaction.
DitchCarbon Score
How does Woco Franz Josef Wolf Holding'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 Motor Vehicle Manufacturing 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
Woco Franz Josef Wolf Holding's score of 29 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Woco Franz Josef Wolf Holding's reported carbon emissions
In 2023, Woco Franz Josef Wolf Holding reported total carbon emissions of approximately 320,351,000 kg CO2e. This figure includes Scope 1 emissions of about 2,723,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 46,268,000 kg CO2e, mainly from purchased electricity. The majority of their emissions, around 271,362,000 kg CO2e, fall under Scope 3, which encompasses various categories such as purchased goods and services (about 212,015,000 kg CO2e) and employee commuting (approximately 8,211,000 kg CO2e). Comparatively, in 2022, the company’s total emissions were about 377,039,000 kg CO2e, indicating a significant reduction in emissions year-on-year. This reduction reflects Woco's commitment to improving its environmental performance, although specific reduction targets have not been disclosed. Woco is committed to near-term climate targets, as indicated by their status with the Science Based Targets initiative (SBTi), although they have not yet committed to a net-zero target. Their emissions data is sourced from Woco Industrietechnik GmbH, ensuring consistency in reporting across their corporate family. Overall, Woco Franz Josef Wolf Holding is actively working towards reducing its carbon footprint, with a focus on transparency and accountability in its emissions reporting.
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| 2016 | 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,914,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 55,554,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 420,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Woco Franz Josef Wolf Holding 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.
