ASSA ABLOY Financial Services AB (publ) Sustainability Profile
ASSA ABLOY Financial Services AB (publ), a prominent player in the financial services sector, is headquartered in Sweden (SE) and operates extensively across Europe and beyond. Founded in 1994, the company has established itself as a leader in providing innovative financing solutions tailored for the security industry, particularly in access control and locking systems. ASSA ABLOY Financial Services offers a range of unique products and services, including leasing and financing options that facilitate the adoption of advanced security technologies. Their commitment to customer-centric solutions has positioned them as a trusted partner for businesses seeking to enhance their security infrastructure. With a strong market presence and a reputation for excellence, ASSA ABLOY Financial Services continues to achieve significant milestones, reinforcing its status as a key player in the financial services landscape.
DitchCarbon Score
How does ASSA ABLOY Financial Services AB (publ)'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
ASSA ABLOY Financial Services AB (publ)'s score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ASSA ABLOY Financial Services AB (publ), headquartered in Sweden (SE), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of ASSA ABLOY AB (publ), which may influence its climate commitments and initiatives. While there are no documented reduction targets or specific climate pledges from ASSA ABLOY Financial Services AB (publ), it is important to note that it inherits sustainability initiatives from its parent company, ASSA ABLOY AB (publ). This includes commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), which are aimed at reducing carbon emissions and enhancing transparency in climate-related performance. As a part of the ASSA ABLOY group, the financial services arm aligns with broader corporate sustainability goals, although specific targets and achievements at the subsidiary level remain unspecified. The lack of direct emissions data suggests that ASSA ABLOY Financial Services AB (publ) may still be in the process of establishing its own climate strategy or reporting framework.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | - | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | 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 | - | - | - | - | - | - | - | - | 0,000,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is ASSA ABLOY Financial Services AB (publ)'s Industry?
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ASSA ABLOY Financial Services AB (publ)'s Scope 3 Categories Breakdown
ASSA ABLOY Financial Services AB (publ)'s Scope 3 emissions, which decreased by 3% last year and decreased by approximately 10% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 13% of Scope 3 emissions.
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ASSA ABLOY Financial Services AB (publ)'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
ASSA ABLOY Financial Services AB (publ) has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
