Danfoss
Danfoss A/S, a global leader in engineering solutions, is headquartered in Denmark (DK) and operates extensively across Europe, North America, and Asia. Founded in 1933, the company has established itself in the HVAC, refrigeration, and industrial automation sectors, providing innovative products and services that enhance energy efficiency and sustainability. Danfoss is renowned for its cutting-edge technologies, including variable frequency drives, hydraulic components, and district heating solutions, which are designed to optimise performance and reduce environmental impact. With a strong commitment to research and development, Danfoss has achieved significant milestones, positioning itself as a key player in the energy sector. The company’s dedication to quality and innovation has earned it numerous accolades, solidifying its reputation as a trusted partner in the global market.
DitchCarbon Score
How does Danfoss'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 Metal Fabrication 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
Danfoss's score of 85 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Danfoss's reported carbon emissions
In 2024, Danfoss reported total carbon emissions of approximately 124,240,079,000 kg CO2e, with Scope 1 emissions at about 130,742,000 kg CO2e, Scope 2 emissions (market-based) at approximately 216,002,000 kg CO2e, and Scope 3 emissions reaching about 123,893,335,000 kg CO2e. The company has set ambitious targets to achieve carbon neutrality in its operations by 2030, aiming for a minimum of 90% absolute reduction in Scope 1 and 2 emissions. Additionally, Danfoss is committed to reducing its absolute Scope 1 and 2 GHG emissions by 46.2% by 2030 from a 2019 baseline, while also targeting a 15% reduction in absolute Scope 3 emissions within the same timeframe. Danfoss's sustainability-linked bond is tied to achieving a 75% reduction in absolute Scope 1 and 2 emissions by 2028, compared to 2019 levels. The company also aims to halve the CO2 intensity of energy used per EUR million in net sales by 2030, based on 2007 figures. These commitments reflect Danfoss's dedication to addressing climate change and reducing its carbon footprint across all scopes of emissions.
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| 2009 | 2010 | 2011 | 2012 | 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 153,371,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.
Danfoss is participating in some 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.
