ZF Commercial Vehicle Control Systems India Ltd

Common Name
ZF
Country
India
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
2,350
Ticker
ZFCVINDIA
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Website
www.zf.com
Description
ZF Commercial Vehicle Control Systems GmbH is a renowned entity in the automotive industry, specializing in the design, production, and distribution of control systems for commercial vehicles. It is a...

ZF's GHG Emissions Data Preview

In 2024, ZF 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).

ZF has also provided a category-level breakdown for 6 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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into ZF's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of ZF amounted to 11,363.42 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of ZF decreased by 45.5%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

ZF's Scope 1 Emissions Over Time

20222023202405001 k1.5 k2 ktCO2e-10%+21%
  • Total Scope 1
  • Year-over-Year Change

What are ZF's Scope 1 emissions?

In 2024, the total Scope 1 emissions of ZF were 1,817.32 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has ZF reduced its Scope 1 emissions over time?

Since 2022, ZF's Scope 1 emissions have increased by 8.9%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), ZF's Scope 1 emissions increased by 20.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are ZF's Scope 2 emissions?

In 2024, ZF reported Scope 2 greenhouse gas (GHG) emissions of 9,546.1 tCOâ‚‚e without specifying the calculation method.

Has ZF reduced its Scope 2 emissions over time?

Since 2022, ZF's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 55.02%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), ZF's Scope 2 emissions (Unspecified Calculation Method) fell by 50.66% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does ZF use for Scope 2 reporting?

In 2024, ZF reported its Scope 2 emissions using an unspecified methodology.

ZF's Scope 2 Emissions Over Time

20222023202405.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into ZF's Value Chain Emissions

In 2024, ZF reported 125,419 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of ZF includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain

ZF's Scope 3 Emissions Over Time

2024035 k70 k105 k140 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are ZF's Scope 3 emissions?

In 2024, ZF reported total Scope 3 emissions of 125,419 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does ZF disclose?

In 2024, ZF reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

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

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

  • Purchased Goods and Services (Cat. 1): 113,023 tCOâ‚‚e (90.12%)
  • Upstream Transportation and Distribution (Cat. 4): 5,261 tCOâ‚‚e (4.19%)
  • Downstream Transportation and Distribution (Cat. 9): 3,639 tCOâ‚‚e (2.9%)

ZF's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(4.2%)DownstreamTransportation andDistribution(Cat. 9)(2.9%)Purchased Goods andServices (Cat. 1)(90.1%)

Insights into ZF's Total Carbon Footprint

In 2024, ZF reported a total carbon footprint of 136,782.42 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 555.97% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to ZF's total carbon footprint was Scope 3 emissions, accounting for 91.69% of the company's total carbon footprint, followed by Scope 2 emissions at 6.98%.