Cavotec

Cavotec, a Swiss-headquartered company in the "Other business services" industry, reported total carbon emissions of approximately 9,562,000 kg CO2e in 2024. This figure includes 307,000 kg CO2e from Scope 1 emissions, 828,000 kg CO2e from Scope 2 emissions, and about 8,427,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2024 were purchased goods and services (approximately 6,558,000 kg CO2e), business travel (around 665,000 kg CO2e), and employee commute (approximately 427,000 kg CO2e).

For 2023, Cavotec's total emissions were approximately 1,330,000 kg CO2e, comprising 286,000 kg CO2e from Scope 1, 842,000 kg CO2e from Scope 2, and 202,000 kg CO2e from Scope 3. Notably, specific data for Scope 3 categories such as purchased goods and services, business travel, and employee commute were not disclosed for 2023.

Cavotec has committed to ambitious climate goals. The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade (between 2023 and 2025). Furthermore, Cavotec has committed to making near-term science-based targets to reduce its carbon footprint in line with the Paris Agreement. These commitments are publicly available in their annual and sustainability reports. The Science Based Targets initiative (SBTi) has recorded Cavotec as having "Committed" near-term targets.