Climeworks Sustainability Profile
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 53 is higher than 73% 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 2024, Climeworks reported total carbon emissions of approximately 4,336,000 kg CO2e, with Scope 1 emissions at 5,000 kg CO2e and Scope 3 emissions at approximately 4,331,000 kg CO2e. Notably, the majority of their emissions stem from purchased goods and services (approximately 2,413,000 kg CO2e) and business travel (approximately 1,502,000 kg CO2e). In 2023, Climeworks's total emissions were approximately 1,700,000 kg CO2e, all of which were classified under Scope 3, indicating a significant reliance on indirect emissions sources. The previous year, 2022, saw total emissions of approximately 1,077,000 kg CO2e, with Scope 3 emissions again dominating the profile. Climeworks has committed to achieving net-zero corporate emissions across all scopes (1-3) by 2030, a target set in 2023. This ambitious goal reflects their dedication to addressing climate change and reducing their carbon footprint. Additionally, Climeworks is a signatory of the Climate Pledge, further solidifying their commitment to sustainability and climate action.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | - | 0,000 |
| Scope 2 | 2,000 | - | - |
| Scope 3 | 1,077,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Climeworks's Industry?
How Carbon Intensive is Climeworks's Location?
Climeworks's Scope 3 Categories Breakdown
Climeworks's Scope 3 emissions, which increased by 155% last year and increased by approximately 302% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 56% of Scope 3 emissions.
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Climeworks'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.
Climeworks 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.
Carbon Engineering
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Frequently Asked Questions
Common questions about Climeworks's sustainability data and climate commitments
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