Caverion

Caverion's reported carbon emissions

In 2023, Caverion reported total carbon emissions of approximately 3.2 billion kg CO2e, comprising Scope 1 emissions of about 19.6 million kg CO2e, Scope 2 emissions of approximately 13.3 million kg CO2e, and Scope 3 emissions of around 3.2 billion kg CO2e. The significant contribution to Scope 3 emissions primarily stems from the use of sold products, which accounted for about 2.8 billion kg CO2e. Caverion has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030 from a 2023 baseline. Additionally, the company is committed to achieving a positive carbon handprint five times greater than its Scope 1 and 2 carbon footprint by 2025. This commitment extends to electrifying its service fleet, with a target of having half of its 4,400 vehicles electric by the end of 2025 and all by 2030. Caverion is also aligned with the Science Based Targets initiative (SBTi), committing to science-based emissions reduction targets in line with the Paris Agreement to limit global warming to 1.5 degrees Celsius. These initiatives reflect Caverion's dedication to sustainability and its proactive approach to addressing climate change.