Caverion

Caverion, headquartered in Finland, reported total carbon emissions of approximately 3,238,629,000 kg CO2e in 2023. This includes 19,645,000 kg CO2e from Scope 1 emissions, 13,291,000 kg CO2e from Scope 2 (market-based), and 3,205,693,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2023 were use of sold products (2,766,414,000 kg CO2e) and purchased goods and services (408,847,000 kg CO2e).

Looking back, Caverion's emissions were approximately 1,859,752,000 kg CO2e in 2022 (Scope 1: 21,853,000 kg CO2e, Scope 2 market-based: 8,386,000 kg CO2e, Scope 3: 1,829,513,000 kg CO2e) and around 2,056,562,000 kg CO2e in 2021 (Scope 1: 22,507,000 kg CO2e, Scope 2 market-based: 8,554,000 kg CO2e, Scope 3: 2,025,501,000 kg CO2e).

Caverion is committed to the Science Based Targets initiative (SBTi) and aims to achieve science-based emissions reduction targets aligned with the Paris Agreement, targeting a 1.5-degree global warming limit. The company has a near-term absolute reduction target to decrease Scope 1 and 2 GHG emissions by 42% by 2030, using a 2023 base year. Additionally, they aim to reduce Scope 3 GHG emissions from the use of sold products (specifically for sold fossil fuels) by 42% within the same timeframe.

Caverion also aims for a positive carbon handprint five times greater than its Scope 1 and 2 carbon footprint by 2025. By 2030, this positive carbon handprint target increases to ten times greater than their own carbon footprint (Scope 1 and 2). Furthermore, Caverion plans to electrify its service fleet of 4,400 vehicles, with an estimated 50% electric by the end of 2025 and 100% by 2030.