Caverion
Caverion Corporation, commonly referred to as Caverion, is a leading provider of technical solutions in the building and construction industry. Headquartered in Finland (FI), the company operates extensively across the Nordic and Central European regions, delivering innovative services in building systems, industrial services, and maintenance. Founded in 2014, Caverion has quickly established itself as a key player, focusing on energy efficiency and sustainable solutions. The company offers a comprehensive range of services, including HVAC, electrical engineering, and facility management, distinguished by its commitment to digitalisation and smart building technologies. Caverion's market position is bolstered by its dedication to enhancing customer value through integrated solutions, making it a trusted partner for businesses seeking to optimise their operations and reduce environmental impact.
DitchCarbon Score
How does Caverion'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 Other Services 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
Caverion's score of 60 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Caverion's reported carbon emissions
In 2023, Caverion reported total carbon emissions of approximately 3,236,000,000 kg CO2e, with emissions distributed across various scopes: 19,645,000 kg CO2e (Scope 1), 13,291,000 kg CO2e (Scope 2), and a significant 3,215,683,000 kg CO2e (Scope 3). The Scope 3 emissions primarily stem from the use of sold products, accounting for about 2,766,414,000 kg CO2e. Caverion has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2023 as the baseline year. Additionally, the company is committed to achieving a positive carbon handprint five times greater than its Scope 1 and 2 carbon footprint by 2025. This commitment extends to electrifying its service fleet of 4,400 vehicles, with a target of having half of them electric by the end of 2025 and all by 2030. Caverion is also aligned with the Science Based Targets initiative (SBTi), committing to science-based emissions reduction targets in line with the Paris Agreement to limit global warming to 1.5 degrees Celsius. These initiatives reflect Caverion's proactive approach to addressing climate change and reducing its carbon footprint while enhancing its sustainability impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 27,317,700 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 8,821,800 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 2,178,600 | 0,000,000 | 00,000 | 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.
Caverion 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.
