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 33 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Climeworks's reported carbon emissions
In 2023, Climeworks reported total carbon emissions of approximately 1,704,000 kg CO2e, with significant contributions from Scope 3 emissions, which totalled about 1,700,000 kg CO2e. Within this scope, business travel accounted for approximately 805,000 kg CO2e, while purchased goods and services contributed about 783,000 kg CO2e. The company also reported Scope 2 emissions of about 4,000 kg CO2e, all of which were location-based. Climeworks has set an ambitious target to achieve net-zero corporate emissions across all scopes (1-3) by 2030. This commitment reflects their dedication to addressing climate change and aligns with industry standards for sustainability. The company is also a signatory of the Climate Pledge, further demonstrating its commitment to reducing its carbon footprint. In 2022, Climeworks's emissions were reported at approximately 1,080,000 kg CO2e for Scope 3 and 4,000 kg CO2e for Scope 2, indicating a substantial increase in emissions in 2023. The company continues to focus on reducing its environmental impact through various initiatives and targets.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 2,000 | - |
| Scope 3 | 1,077,000 | 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 58% last year and increased by approximately 58% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" being the largest emissions source at 47% of Scope 3 emissions.
Top Scope 3 Categories
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.
