Carraro S.p.A. Sustainability Profile
Carraro S.p.A., a prominent player in the engineering and manufacturing sector, is headquartered in Italy and operates extensively across Europe, Asia, and the Americas. Founded in 1896, the company has established itself as a leader in the production of transmission systems and drive solutions, catering primarily to the agricultural, construction, and automotive industries. With a rich history marked by innovation, Carraro S.p.A. has developed a diverse portfolio of products, including gearboxes, axles, and hydraulic systems, known for their reliability and efficiency. The company’s commitment to sustainability and advanced technology has positioned it as a key competitor in the global market, earning recognition for its high-quality standards and customer-centric approach.
DitchCarbon Score
How does Carraro S.p.A.'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 Motor Vehicle Retail Services 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
Carraro S.p.A.'s score of 28 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Carraro S.p.A.'s reported carbon emissions
In 2022, Carraro S.p.A. reported total carbon emissions of approximately 10,140.30 kg CO2e, comprising 5,070.15 kg CO2e from Scope 1 and 5,070.15 kg CO2e from Scope 2 emissions, with a market-based total of 2,823.32 kg CO2e. This reflects a slight increase from 2021, where emissions were about 9,160.62 kg CO2e, with Scope 1 emissions at 4,366.72 kg CO2e and Scope 2 emissions at 4,793.90 kg CO2e. In 2020, Carraro's emissions were significantly higher, with Scope 1 emissions reaching 18,745,000 kg CO2e and Scope 2 emissions at 20,146,000 kg CO2e, alongside Scope 3 emissions of 21,944,000 kg CO2e. This indicates a substantial reduction in emissions over the following years, particularly in Scope 1 and 2 categories. Despite these reductions, Carraro S.p.A. has not set specific science-based targets (SBTi) or documented reduction initiatives. The company has not disclosed any climate pledges or commitments to further reduce emissions, indicating a potential area for improvement in their climate strategy. Overall, Carraro S.p.A. has shown a trend towards decreasing emissions, particularly in the last two years, but lacks formalised reduction targets or commitments to guide future efforts.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 18,720,000 | 00,000,000 | 0,000.00 | 0,000.00 |
| Scope 2 | 15,708,000 | 00,000,000 | 0,000.00 | 0,000.00 |
| Scope 3 | 20,867,000 | 00,000,000 | - | - |
How Carbon Intensive is Carraro S.p.A.'s Industry?
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Carraro S.p.A.'s Scope 3 Categories Breakdown
Carraro S.p.A.'s Scope 3 emissions, which increased by 5% last year and increased by approximately 5% since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 41% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 99% of Scope 3 emissions.
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Carraro S.p.A.'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.
Carraro S.p.A. 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.
