Garrett
Garrett Motion Inc., commonly referred to as Garrett, is a leading global technology company headquartered in Switzerland (CH). Founded in 2018, Garrett has quickly established itself in the automotive industry, specialising in advanced turbocharging and electrification solutions. With a strong operational presence across Europe, North America, and Asia, the company focuses on enhancing vehicle performance and efficiency. Garrett's core products include innovative turbochargers and electric boosting technologies, which are designed to meet the evolving demands of the automotive market. Their commitment to sustainability and performance has positioned them as a key player in the industry. Notable achievements include their contributions to reducing emissions and improving fuel economy, solidifying Garrett's reputation as a pioneer in automotive technology.
DitchCarbon Score
How does Garrett'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
Garrett's score of 47 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Garrett's reported carbon emissions
In 2023, Garrett reported total carbon emissions of approximately 1,683,008,000 kg CO2e. This figure includes Scope 1 emissions of about 5,835,000 kg CO2e, Scope 2 emissions of approximately 35,583,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 1,640,040,000 kg CO2e. Comparatively, in 2022, their total emissions were about 1,711,043,000 kg CO2e, with Scope 1 at approximately 7,363,000 kg CO2e and Scope 2 at around 35,460,000 kg CO2e (market-based). This indicates a slight reduction in total emissions from 2022 to 2023. Garrett has set ambitious climate commitments, aiming for a 46% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. This target reflects their commitment to sustainability and aligns with industry standards for climate action. Additionally, they are on track to achieve a 27.5% reduction in emissions intensity per million USD revenue by 2024. Overall, Garrett's emissions data and reduction targets demonstrate a proactive approach to addressing climate change, with a focus on significant reductions in their operational carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 9,577,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 47,005,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,427,975,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Garrett is not participating in any 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.
