Climeworks
Climeworks AG, a pioneering leader in direct air capture technology, is headquartered in Switzerland (CH) and operates across various regions in Europe and North America. Founded in 2009, the company has made significant strides in the carbon removal industry, positioning itself at the forefront of climate innovation. Climeworks offers unique carbon capture solutions that enable businesses and individuals to remove CO2 from the atmosphere, contributing to global climate goals. Their flagship products, including modular CO2 collectors, stand out for their efficiency and scalability. With a commitment to sustainability, Climeworks has achieved notable milestones, such as securing partnerships with major corporations and expanding its operational capacity. As a result, the company is recognised as a key player in the transition to a carbon-neutral future, driving advancements in environmental technology.
DitchCarbon Score
How does Climeworks'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
Climeworks's score of 45 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Climeworks's reported carbon emissions
In 2023, Climeworks reported total carbon emissions of approximately 1,704,000 kg CO2e, with emissions primarily from Scope 3, which accounted for about 1,700,000 kg CO2e. Within Scope 3, significant contributors included business travel (approximately 805,000 kg CO2e) and purchased goods and services (about 783,000 kg CO2e). The company also disclosed Scope 2 emissions of approximately 4,000 kg CO2e, all of which were location-based. In comparison, Climeworks's 2022 emissions were approximately 1,080,000 kg CO2e, with Scope 3 emissions again being the largest portion at about 1,077,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023. Climeworks has committed to achieving net-zero corporate emissions across all scopes (1-3) by 2030, a target set in 2023. This commitment reflects the company's dedication to addressing its carbon footprint and contributing to global climate goals. Additionally, Climeworks is a signatory of the Amazon Climate Pledge, further demonstrating its commitment to sustainability and climate action. The emissions data and climate commitments are sourced directly from Climeworks AG, with no data cascaded from a parent or related organization.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 2,000 | - |
| Scope 3 | 1,077,000 | 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.
Climeworks 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.
