Iveco
Iveco, officially known as Industrial Vehicles Corporation, is a prominent player in the commercial vehicle industry, headquartered in Italy. Established in 1975, the company has evolved significantly, becoming a key manufacturer of light, medium, and heavy-duty trucks, as well as buses and special vehicles. With a strong operational presence across Europe, South America, and Asia, Iveco is renowned for its commitment to innovation and sustainability. The company’s core products include the Daily van, the Eurocargo, and the Stralis truck, each designed to meet diverse transportation needs while prioritising efficiency and environmental responsibility. Iveco has achieved notable milestones, including advancements in alternative fuel technologies, positioning itself as a leader in the market. With a reputation for reliability and performance, Iveco continues to shape the future of commercial transport.
DitchCarbon Score
How does Iveco'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 Financial Intermediation 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
Iveco's score of 67 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iveco's reported carbon emissions
In 2024, Iveco reported total carbon emissions of approximately 65,144,667,500 kg CO2e. This includes Scope 1 emissions of about 130,791,380 kg CO2e, Scope 2 emissions of approximately 38,388,950 kg CO2e (market-based), and a significant Scope 3 total of around 64,975,487,170 kg CO2e. The Scope 3 emissions are primarily driven by the use of sold products, which accounts for about 60,357,066,940 kg CO2e. For 2023, the company recorded total emissions of about 59,381,599,000 kg CO2e, with Scope 1 emissions at approximately 59,673,000 kg CO2e and Scope 2 emissions (market-based) at around 38,839,000 kg CO2e. The Scope 3 emissions for that year were also substantial, totalling about 59,381,599,000 kg CO2e. Iveco has set ambitious climate commitments, aiming to reduce its absolute CO2 emissions from manufacturing processes by 50% by 2030 compared to 2019 levels for both Scope 1 and Scope 2 emissions. Additionally, the company plans to decrease the environmental impact of its supply chain, targeting a 30% reduction in absolute CO2 emissions generated by key suppliers by 2030, relative to 2022 levels. Furthermore, Iveco has committed to achieving net zero carbon emissions by 2040, reflecting its long-term sustainability goals. The company is also focused on reducing Scope 3 emissions from the use of sold products by 38% per vehicle/km by 2030, compared to 2022. These initiatives underscore Iveco's commitment to addressing climate change and reducing its carbon footprint across all scopes of emissions.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 53,504,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 57,209,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000,000 | 00,000,000,000 |
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.
Iveco 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.
