Bufab Group, headquartered in Sweden, is a leading player in the fastener and C-parts industry, specialising in the supply of high-quality components and logistics solutions. Founded in 1977, Bufab has established a strong presence across Europe and beyond, with operations in key markets including Germany, the UK, and Poland. The company is renowned for its extensive range of fasteners, including screws, bolts, and nuts, as well as its innovative supply chain management services. Bufab's commitment to quality and customer-centric solutions has positioned it as a trusted partner for various industries, from automotive to electronics. With a focus on sustainability and efficiency, Bufab continues to achieve significant milestones, reinforcing its status as a market leader in the fastener sector.
How does Bufab'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.
Mean score of companies in the 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.
Bufab's score of 28 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bufab AB reported total carbon emissions of approximately 844,405,000 kg CO2e. This figure includes 2,132,000 kg CO2e from Scope 1 emissions, 1,652,000 kg CO2e from Scope 2 emissions, and a significant 841,084,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company emitted about 977,939,000 kg CO2e, with Scope 1 emissions at 1,968,000 kg CO2e, Scope 2 emissions at 1,562,000 kg CO2e, and Scope 3 emissions at 974,111,000 kg CO2e. This indicates a notable reduction in total emissions from 2022 to 2023. Bufab has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2031, using 2021 as the base year. Additionally, the company targets a 55% reduction in Scope 3 emissions related to purchased goods and services, as well as upstream and downstream transportation and distribution, per SEK value added by 2031. These targets align with the Science Based Targets initiative (SBTi) and are designed to support efforts to limit global warming to 1.5°C. Overall, Bufab's commitment to reducing its carbon footprint reflects a proactive approach to addressing climate change within the electrical equipment and machinery sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 2,197,000 | 0,000,000 | 0,000,000 |
Scope 2 | 2,198,000 | 0,000,000 | 0,000,000 |
Scope 3 | 1,246,678,000 | 000,000,000 | 000,000,000 |
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.
Bufab is committed to some reduction initiatives 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.