thyssenkrupp AG is a leading German industrial engineering and steel production company formed in 1999 through the merger of Thyssen AG and Krupp. As an international technology group with approximate... thyssenkrupp AG is a leading German industrial engineering and steel production company formed in 1999 through the merger of Thyssen AG and Krupp. As an international technology group with approximately 93,000 employees across 48 countries, it generated sales of around €33 billion in fiscal year 2024/2025. The company operates in five key segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems, delivering innovative components, systems, and material solutions. Automotive Technology supplies steering systems, dampers, axle assemblies, springs, stabilizers, and engine components to the global automotive industry, while Decarbon Technologies focuses on sustainable solutions including bearings, engineering for energy transition, and green hydrogen via units like thyssenkrupp nucera. Materials Services distributes steel, metals, tubes, pipes, and plastics; Steel Europe produces high-quality flat carbon steel; and Marine Systems provides submarines and surface vessels. With a robust patent portfolio of about 17,000 and over 3,900 R&D employees, thyssenkrupp AG drives advancements in climate protection, digital transformation, and future mobility, embodying its motto 'engineering.tomorrow.together.' Headquartered in Essen with operations in Duisburg, it plays a pivotal role in industrial innovation and sustainability.
As of 2024, thyssenkrupp has disclosed 1 climate target. This includes 1 Absolute emissions in target year (milestone),signaling the company's commitment to managing and lowering its carbon footprint over time. However, because the targets are expressed in absolute terms or without a disclosed baseline figure, they cannot be converted into a standardized percentage reduction format for comparison with other companies.
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