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Public Profile
Machinery and Equipment
SE
updated 5 days ago

Aktiebolaget Volvo Penta

Company website

Aktiebolaget Volvo Penta, commonly known as Volvo Penta, is a leading global manufacturer of engines and power systems, headquartered in Sweden (SE). Established in 1907, the company has evolved significantly, marking key milestones in the marine and industrial sectors. With a strong presence in Europe, North America, and Asia, Volvo Penta focuses on delivering innovative solutions for marine propulsion and power generation. The company’s core products include marine engines, drive systems, and industrial power solutions, distinguished by their reliability and efficiency. Volvo Penta is renowned for its commitment to sustainability and advanced technology, positioning itself as a market leader in the industry. Notable achievements include pioneering developments in hybrid and electric propulsion systems, reinforcing its reputation for innovation and excellence in the global market.

DitchCarbon Score

How does Aktiebolaget Volvo Penta'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.

83

Industry Average

Mean score of companies in the Machinery and Equipment 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.

21

Industry Benchmark

Aktiebolaget Volvo Penta's score of 83 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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Aktiebolaget Volvo Penta's reported carbon emissions

Inherited from AB Volvo (publ)

Aktiebolaget Volvo Penta, headquartered in Sweden (SE), currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of AB Volvo (publ), any emissions data or climate commitments would be inherited from this parent company. Volvo Penta has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, it is important to note that the climate commitments and performance metrics may be aligned with those of AB Volvo (publ), which is actively engaged in sustainability efforts and has set ambitious targets for reducing carbon emissions across its operations. As of now, without specific emissions data or reduction targets, it is unclear how Aktiebolaget Volvo Penta is progressing towards its climate commitments. The company may benefit from the overarching sustainability strategies implemented by its parent organisation, which could influence its own environmental performance in the future.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2012201320142015201620172018201920202021202220232024
Scope 1
273,000,000
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
000,000,000
000,000,000
Scope 2
260,000,000
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
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-
-
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Aktiebolaget Volvo Penta's primary industry is Machinery and equipment n.e.c. (29), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Aktiebolaget Volvo Penta is in SE, which has a very low grid carbon intensity relative to other regions.

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.

Aktiebolaget Volvo Penta 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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