Porsche SE

Automobile Manufacturers
PAH3.DE
€ 61 1.5
Share price
$ 18 bn
Market Cap
$ 18 bn
Enterprise Value

Carbon footprint

0.51 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2021
How is this calculated?
-66%
YOY change in GHG emissions
Weaker than the +5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-11%
Proj. YOY change in GHG emissions (all Scopes)
Stronger than the -7.1% weighted average for S&P 500
FY2022
How is this calculated?

Porsche SE aims to achieve carbon neutrality for all Scopes by 2030


This target has not been verified as science based according to SBTi
Porsche SE's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Porsche SE's GHG emissions (location-based) (Kt of CO2e)
Porsche SE's Carbon intensity (Tons per 1 USDm)

Porsche SE's carbon footprint

Porsche SE reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 9.1 Kt (-18 /-66.3% y-o-y). Also positively, carbon intensity declined to 216 t (-228 /-51.4% y-o-y).

Porsche SE's Scope 3 emissions declined to 28 Kt (-1.2 /-4.1% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -28.1% since 4Q'19).

The company is committed to achieving carbon neutrality for all Scopes by 2030, which translates into the estimated reduction of -4.1 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Porsche SE aims to achive carbon neutrality across its entire value chain (all Scopes) in 2030. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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