Cavotec
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 98% 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 Scope 1 emissions of about 307,000 kg CO2e, Scope 2 emissions of around 828,000 kg CO2e, and significant Scope 3 emissions totalling approximately 8,427,000 kg CO2e. Notably, the Scope 3 emissions breakdown reveals that purchased goods and services account for about 6,558,000 kg CO2e, while business travel and employee commute contribute approximately 665,000 kg CO2e and 427,000 kg CO2e, respectively. 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. This commitment aligns with their broader strategy to implement science-based targets in accordance with the Paris Agreement. In 2023, the company reported total emissions of about 1,330,000 kg CO2e, indicating a significant increase in emissions in 2024, which highlights the need for effective reduction strategies. Overall, Cavotec's climate commitments reflect a proactive approach to addressing carbon emissions, with a clear focus on reducing both direct and indirect emissions in the coming years.
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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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cavotec is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
