Cavotec Sustainability Profile
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.
DitchCarbon Score
How does Cavotec'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 Business 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
Cavotec's score of 55 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cavotec's reported carbon emissions
In 2024, Cavotec reported total carbon emissions of approximately 9,562,000 kg CO2e. This figure includes 307,000 kg CO2e from Scope 1 emissions, 828,000 kg CO2e from Scope 2 emissions, and a significant 8,427,000 kg CO2e from Scope 3 emissions, which encompasses categories such as purchased goods and services (6,558,000 kg CO2e) and business travel (665,000 kg CO2e). The combined Scope 1 and 2 emissions totalled about 1,135,000 kg CO2e. In comparison, the previous year, 2023, Cavotec's total emissions were approximately 1,330,000 kg CO2e, with Scope 1 emissions at 286,000 kg CO2e and Scope 2 emissions at 842,000 kg CO2e. Scope 3 emissions for that year were significantly lower 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 a proactive approach to climate action. The company is currently on track to meet these targets, demonstrating a commitment to sustainability within the electrical equipment and machinery sector. Cavotec's emissions data is sourced directly from Cavotec SA, with no cascaded data from parent or related organizations. The company continues to focus on reducing its environmental impact while maintaining transparency in its reporting.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 243,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 976,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 331,000 | 000,000 | 000,000 | 0,000,000 |
How Carbon Intensive is Cavotec's Industry?
How Carbon Intensive is Cavotec's Location?
Cavotec's Scope 3 Categories Breakdown
Cavotec's Scope 3 emissions, which increased significantly last year and increased significantly since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 78% of Scope 3 emissions.
Top Scope 3 Categories
Cavotec'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.
Cavotec has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Cavotec's sustainability data and climate commitments