Krones AG

Common Name
Krones
Country
Germany
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
19,788
Ticker
KRN
Exchange
XETRA
Description
Krones AG specializes in engineering, manufacturing, and supplying machinery and systems for the beverage and liquid food industry. This encompasses their hallmark solutions such as bottle filling mac...

Krones's GHG Emissions Data Preview

In 2024, Krones completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Krones has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Krones’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Krones’s data sources below and access millions more through our Disclosure Search.

a. Krones's Annual Report 2024
a. Krones's Annual Report 2024
b. Krones's Annual Report 2023
b. Krones's Annual Report 2023
c. Krones's Financial & Extra-Financial Disclosure 2020
c. Krones's Financial & Extra-Financial Disclosure 2020

Insights into Krones's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Krones amounted to 53,047 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Krones increased by 118.32%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Krones's Scope 1 Emissions Over Time

20192020202120222023202406 k12 k18 k24 ktCO2e-21%-3%-3%-10%+32%
  • Total Scope 1
  • Year-over-Year Change

What are Krones's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Krones were 20,887 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Krones's Scope 1 emissions increased by 31.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Krones's Scope 2 emissions?

In 2024, Krones reported Scope 2 greenhouse gas (GHG) emissions of 5,564 tCO₂e using the market-based method and 32,160 tCO₂e using the location-based method. a

What methodology does Krones use for Scope 2 reporting?

In 2024, Krones reported its Scope 2 emissions using the market-based method and using the location-based method. a

Krones's Scope 2 Emissions Over Time

20192020202120222023202408.5 k17 k25.5 k34 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Krones's Value Chain Emissions

In 2024, Krones reported 9,805,138 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Krones includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Krones's Scope 3 Emissions Over Time

201820192020202120222023202403 M6 M9 M12 MtCO2e+78994%-100%+114395%+17%-8%+45%
  • Total Scope 3
  • Year-over-Year Change

What are Krones's Scope 3 emissions?

In 2024, Krones reported total Scope 3 emissions of 9,805,138 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 13.7% of these emissions originated from upstream activities such as purchased goods and capital goods, while 86.3% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Krones reduced its Scope 3 emissions over time?

Since 2018, Krones's Scope 3 emissions have increased by 67,451.76%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2023), Krones's Scope 3 emissions increased by 44.73%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Krones disclose?

In 2024, Krones reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Krones's Scope 3 emissions?

In 2024, the largest contributors to Krones's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 8,449,927 tCO₂e (86.18%)
  • Purchased Goods and Services (Cat. 1): 1,209,234 tCO₂e (12.33%)
  • Upstream Transportation and Distribution (Cat. 4): 68,633 tCO₂e (0.7%)

Krones's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(12.3%)Use of Sold Products(Cat. 11)(86.2%)

Insights into Krones’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Krones reported Scope 1 greenhouse gas (GHG) emissions of 20,887 tCO₂e and total revenues of USD 5,509 millions. This translates into an emissions intensity of 3.79 tCO₂e per millions USD. a

Krones's Scope 1 Emissions Intensity Compared to Peers

502,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)2JungheinrichYear: 2024Scope 1: 49,600 tCO2eRevenue: $M 5,611Scope 1 Intensity: 8.84 tCO2e/$MDmg MoriYear: 2024Scope 1: 17,668 tCO2eRevenue: $M 2,319Scope 1 Intensity: 7.62 tCO2e/$MFraportYear: 2023Scope 1: 32,600 tCO2eRevenue: $M 4,428Scope 1 Intensity: 7.36 tCO2e/$MPVA TePlaYear: 2024Scope 1: 431 tCO2eRevenue: $M 281Scope 1 Intensity: 1.53 tCO2e/$MSiemens EnergyYear: 2024Scope 1: 175,000 tCO2eRevenue: $M 38,497Scope 1 Intensity: 4.55 tCO2e/$MDEUTZYear: 2023Scope 1: 12,680 tCO2eRevenue: $M 2,284Scope 1 Intensity: 5.55 tCO2e/$MDuerrYear: 2024Scope 1: 46,279 tCO2eRevenue: $M 4,465Scope 1 Intensity: 10.36 tCO2e/$MWashtecYear: 2024Scope 1: 7,752 tCO2eRevenue: $M 496Scope 1 Intensity: 15.62 tCO2e/$MRENK GroupYear: 2024Scope 1: 14,162 tCO2eRevenue: $M 1,187Scope 1 Intensity: 11.93 tCO2e/$MHensoldtYear: 2024Scope 1: 2,644 tCO2eRevenue: $M 2,332Scope 1 Intensity: 1.13 tCO2e/$MthyssenkruppYear: 2024Scope 1: 22,190,000 tCO2eRevenue: $M 39,140Scope 1 Intensity: 566.94 tCO2e/$M222G EnergyYear: 2024Scope 1: 3,249 tCO2eRevenue: $M 391Scope 1 Intensity: 8.31 tCO2e/$MRationalYear: 2021Scope 1: 2,292 tCO2eRevenue: $M 883Scope 1 Intensity: 2.60 tCO2e/$MGEA GroupYear: 2024Scope 1: 32,278 tCO2eRevenue: $M 5,642Scope 1 Intensity: 5.72 tCO2e/$MPfeiffer Vacuum TechnologyYear: 2024Scope 1: 2,951 tCO2eRevenue: $M 920Scope 1 Intensity: 3.21 tCO2e/$MLPKF Laser & ElectronicsYear: 2023Scope 1: 168 tCO2eRevenue: $M 138Scope 1 Intensity: 1.22 tCO2e/$MWacker NeusonYear: 2024Scope 1: 14,269 tCO2eRevenue: $M 2,326Scope 1 Intensity: 6.14 tCO2e/$MTakktYear: 2023Scope 1: 3,460 tCO2eRevenue: $M 1,372Scope 1 Intensity: 2.52 tCO2e/$MKoenig & BauerYear: 2024Scope 1: 6,712 tCO2eRevenue: $M 1,326Scope 1 Intensity: 5.06 tCO2e/$MSiemens AGYear: 2024Scope 1: 347,000 tCO2eRevenue: $M 84,812Scope 1 Intensity: 4.09 tCO2e/$MNordexYear: 2024Scope 1: 53,007 tCO2eRevenue: $M 7,595Scope 1 Intensity: 6.98 tCO2e/$MKronesYear: 2024Scope 1: 20,887 tCO2eRevenue: $M 5,509Scope 1 Intensity: 3.79 tCO2e/$M

How does Krones's GHG emissions intensity compare to its peers?

In 2024, Krones reported a Scope 1 emissions intensity of 3.79 tCO₂e per millions USD. Compared to the peer group median of 5.72 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Krones rank on GHG emissions intensity within its industry?

In 2024, Krones ranked 7 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Krones is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Krones's Total Carbon Footprint

In 2024, Krones reported a total carbon footprint of 9,858,185 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 44.99% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Krones's total carbon footprint was Scope 3 emissions, accounting for 99.46% of the company's total carbon footprint, followed by Scope 2 emissions at 0.33%. a

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