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OrganisationsCavotec
Cavotec logo

Cavotec

Business ServicesSwitzerlandSTO: CCC.ST
Last verified 28 days agocavotec.com

Cavotec SA, headquartered in Switzerland (CH), is a leading global engineering group specialising in innovative connection and electrification solutions for various industries. Founded in 1974, Cavotec has established a strong presence in key operational regions, including Europe, North America, and Asia-Pacific.

The company focuses on providing advanced technologies for sectors such as ports, airports, and industrial applications, with core products including automated mooring systems, power supply systems, and cable management solutions. What sets Cavotec apart is its commitment to sustainability and efficiency, helping clients reduce emissions and enhance operational performance.

With a reputation for excellence, Cavotec has achieved significant milestones, positioning itself as a trusted partner in the electrification and automation landscape, and continues to drive innovation in the industry.

40
DitchCarbon score

+8 vs industry average

Cavotec’s score of 40 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Business Services has below-average carbon intensity

Industry performance

0.078
20192025

The Business Services industry has increased its overall emissions by 24% since 2019

Emissions trajectory 2020 – 2027

00M0.0M0.0M0.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Cavotec's reported carbon emissions

In 2024, Cavotec reported total carbon emissions of approximately 9,562,000 kg CO2e, comprising 307,000 kg CO2e from Scope 1, 828,000 kg CO2e from Scope 2, and 8,427,000 kg CO2e from Scope 3 emissions. This represents a significant increase from 2023, where total emissions were approximately 1,330,000 kg CO2e, with Scope 1 at 286,000 kg CO2e, Scope 2 at 842,000 kg CO2e, and Scope 3 at 202,000 kg CO2e. Cavotec has set ambitious near-term targets to reduce its carbon footprint, aiming for near-zero emissions in both Scope 1 and Scope 2 by 2025. These commitments align with the Paris Agreement and reflect the company's dedication to sustainability. The targets were established in 2023 and are part of their broader strategy to address climate change. Cavotec operates from its headquarters in Switzerland (CH) and is committed to transparency in its emissions reporting, with all data sourced directly from Cavotec SA. The company is actively working towards achieving its climate goals while navigating the challenges of increasing emissions in recent years.

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Cavotec’s Climate Goals (2030 & 2050)

2 goals

2025

We have committed to making near term science-based targets…

We have committed to making near term science-based targets to reduce our carbon footprint in line with the Paris Agreement.

Behind target0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 2 climate goals

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Scope 3 top emissions categories

5 of 15 categories disclosed
Purchased Goods & Services78%
Business Travel8%
Capital Goods7%
Employee Commuting5%
Fuel & Energy Activities3%
Purchased Goods & Services78%
Business Travel8%
Capital Goods7%
Employee Commuting5%
Fuel & Energy Activities3%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Cavotec logoCavotec
CHBusiness Services
28 days ago
40
Schneider Electric logoSchneider Electric
FRPower, Distribution, and Specialty Transformer Manufacturing
5 days ago
100
View
Siemens logoSiemens
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
7 days ago
100
View
Abb logoAbb
CHSwitchgear and Switchboard Apparatus Manufacturing
6 days ago
92
View
Trelleborg logoTrelleborg
SEElectrical Machinery Manufacturing
20 days ago
90
View
Mitsubishi Electric logoMitsubishi Electric
JPother miscellaneous electrical equipment and components
2 days ago
86
View
Eaton logoEaton
IEElectrical Machinery Manufacturing
3 days ago
78
View

Frequently asked questions

Common questions about Cavotec’s sustainability data and climate commitments

Cavotec reported total carbon emissions of approximately 9.6 million kg CO₂e in 2024. This includes around 307,000 kg CO₂e from Scope 1, approximately 828,000 kg CO₂e from Scope 2, and about 8.4 million kg CO₂e from Scope 3 emissions. This significant increase from the previous year's emissions of roughly 1.3 million kg CO₂e highlights the challenges Cavotec faces in managing its carbon footprint while striving for sustainability.

Data year: 2024

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