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  7. Varta
Company logo

Varta | Sustainability Performance

https://www.varta-ag.com
Linkedin

Varta AG produces batteries and energy storage solutions for various applications, including consumer electronics and industrial uses. The company's offerings range from alkaline batteries to advanced lithium-ion technology, targeting both sustainability and performance.

1887

Germany

1,001 - 5,000 employees

Electrical & Electronic Manufacturing

$500M - 1B in revenue

Not profitable

Submit or report inaccurate dataDownload Company Insights

Sustainability Ranking & Industry Benchmark

#783
Overall
#38
in Germany
#40
in Electrical & Electronic Manufacturing

Sustainability Maturity

​​0123456789​​%

Sustainability Intent

Available in
Scale package

Access
​​0123456789​​%

Industry Rank

23 out of 450

Overview
Environmental
Carbon emissionsEnergy consumptionWaste ManagementWater Management
Social
Diversity and InclusionPay GapsHealth and SafetyExternalities
Governance
TargetsSDG ImpactESG scores and Exclusions
Financial Data
Business performanceCapital & innovationAnalyst projections

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Germany, Manufacturing, Automotive

CO2 scope 1 + 2

26.3K CO2e tonnes, 2023
Laggard

Renewable energy

71% 2023

Waste generated

3.9K tonnes, 2023
Laggard

Female employees

31% 2024
Laggard

Externalities

3.8M $, 2023
Leading

Revenue

891.6M $, 2023▼2% YoY

R&D intensity

0% 2023

Carbon emissions

Reveal data for 1 credit

Industry rank: 90 out of 450


Total CO2 emissions
(CO2e tonnes)

Industry rank: 90 out of 450

Scope 1
Scope 2 location based
Scope 3 downstream
Scope 3 upstream
Industry benchmark
(adj. for revenues)
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Renewable energy

Reveal data for 1 credit
71%2023

Industry rank: 12 out of 450


Total energy consumption
and % renewables
(MWh, % of consumption)

Industry rank: 12 out of 450

Total energy

Share of renewable energy

Industry benchmark

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Renewable electricity

Reveal data for 1 credit
%2023

Industry rank: Beyond Top 100


Total electricity consumption
and % renewables
(MWh, % of consumption)

Industry rank: Beyond Top 100

Total electricity

Share of renewable electricity

Industry benchmark

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Intensity


Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Greenhouse gas intensity (Scope 1, 2, 3)(tCO₂e /$M)
Energy consumption (direct) intensity (MWh /$M)
Waste generation intensity (tonnes /$M)
Industry Benchmark

30.7

B/M 26.8

398.7

B/M 516.3

82.8

B/M 46.5

4.5

B/M 2.0


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Female employees

Reveal data for 1 credit

Share of female employees (%)

25
50
75
100
Company
Benchmark
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Waste

Reveal data for 1 credit
3.9K2023

Total waste generated (tonnes)

Total waste
Recovered & recycled
Not-recovered & not-recycled
Industry Benchmark

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Controversy level


Very Low
Low
Noticeable
High
Severe
Download Controversy Analysis
  • Varta AG filed for restructuring in 2024 after severe financial distress driven by collapsing demand for its consumer battery cells and high capital expenditure.
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Carbon emissions breakdown

Reveal data for 2 credits

KPIMetricYear
20192020202120222023Benchmark
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Energy consumption breakdown

Reveal data for 2 credits

KPIMetricYear
20192020202120222023Benchmark
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Waste management

Reveal data for 2 credits

KPIMetricYear
20192020202120222023Benchmark
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Water management

Reveal data for 2 credits

KPIMetricYear
20192020202120222023Benchmark
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Land use

Reveal data for 2 credits

KPIMetricYear
20192020202120222023Benchmark
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Diversity & inclusion

Reveal data for 3 credits

KPIMetricYear
20202021202220232024Benchmark
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Pay gap breakdown

Reveal data for 1 credit

KPIMetricYear
20202021202220232024Benchmark
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Health & safety

Reveal data for 2 credits

KPIMetricYear
20192020202120222023Benchmark
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Externalities

Reveal data for 1 credit

KPIMetricYear
20192020202120222023Benchmark
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Revenue

891.6M $, FY2023▼2% YoY

EBITDA

-110.6M $, FY2023▼9.1% YoY

Operating margin

-12% Industry: 4▲75.3% YoY

Revenue & EBITDA

$891.6MFY2023 revenue

Total Annual
Revenue & EBITDA
($ B)

Annual revenue
EBITDA
3 year change
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Margin trends


Margin as % of revenue

Gross margin
Operating margin
Net margin

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Free cashflow

-79.3M 2023▼71.3% YoY

Capex

0.0 2023▼NaN% YoY

Debt/equity ratio

0.4 Industry: 0▼NaN% YoY

R&D intensity

0.0%FY2023

R&D as % of revenue

Return on invested capital (ROIC)
Industry benchmark

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Analyst revenue estimates & actuals


Analyst consensus vs actuals
($ B)

Actual revenue
Consensus estimates
Estimate only

1.0

▼ 1.7%

2021

0.9

▼ 0.1%

2022

0.9

▼ 3.8%

2023

1.2

2031

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Sustainability targets and commitments

TargetYearValueScopeBaseline

Progress against targets

Environmental policy coverage

Carbon reduction policy

Available

Human rights policy

Available

Recycling policy

Available

Workplace health & safety policy

Available

6%
Independent Directors

1 out of 16 incl. management

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Overall score

60

Environment

54

Social

95

Governance

31

Exclusion screening

Adult content

Not available

Alcoholic

Not available

Animal testing

Not available

Firearms

Not available

Tobacco

Not available

Gambling

Not available

Nuclear

Not available

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SDG impact

Reveal data for 5 credits
2023

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SDG impact (historical)

Reveal data for 5 credits

KPIMetricYear
20182019202020212022Benchmark
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Reporting

sustainability report symbol

Sustainability Report

Available

image report
Available
image report
Available

Sustainability employees


Total sustainability employees

7-10


    Available in
    Scale package

    Access
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