Climeworks AG, headquartered in Switzerland (CH), is a pioneering company in the electricity sector, specialising in biomass and waste-to-energy solutions. Founded in 2009, Climeworks has established itself as a leader in carbon dioxide removal technology, focusing on innovative methods to capture CO2 directly from the air.
With operations extending across Europe and beyond, Climeworks offers unique services that transform waste into renewable energy, contributing significantly to sustainable practices. Their flagship product, direct air capture, stands out for its efficiency and scalability, positioning the company at the forefront of the green energy transition.
Recognised for its commitment to combating climate change, Climeworks continues to achieve notable milestones, solidifying its market position as a key player in the renewable energy landscape.
+19 vs industry average
Climeworks’s score of 30 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Biomass Electricity is among the most carbon-intensive industries
Industry performance
The Biomass Electricity industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Climeworks's reported carbon emissions
Climeworks, headquartered in CH and operating within the "Electricity by biomass and waste" industry, has set a significant net-zero target for its corporate emissions across all scopes (1-3) by 2030. This commitment aligns with its participation in the Climate Pledge, which it signed in April 2025. For the reporting year 2024, Climeworks reported total emissions of approximately 4,336,000 kg CO2e. Within this total, Scope 3 emissions accounted for the vast majority, standing at approximately 4,331,000 kg CO2e. Key contributors to Scope 3 emissions in 2024 included purchased goods and services (approximately 2,413,000 kg CO2e) and business travel (approximately 1,502,000 kg CO2e). Scope 1 emissions for 2024 were approximately 5,000 kg CO2e, while Scope 2 emissions were negligible, recorded at 0 kg CO2e. In the previous year, 2023, total emissions were approximately 1,700,000 kg CO2e, all attributed to Scope 3. The primary drivers for Scope 3 in 2023 were business travel (approximately 805,000 kg CO2e) and purchased goods and services (approximately 783,000 kg CO2e). Scope 1 and Scope 2 emissions were reported as 0 kg CO2e for this year. For 2022, Climeworks reported total emissions of approximately 1,077,000 kg CO2e. Scope 3 emissions constituted the majority at approximately 1,077,000 kg CO2e, with purchased goods and services (approximately 775,000 kg CO2e) and business travel (approximately 257,000 kg CO2e) as the main components. Scope 1 emissions were 0 kg CO2e, and Scope 2 emissions were approximately 2,000 kg CO2e. Climeworks's climate commitments underscore a strategic focus on reducing its environmental footprint in line with global decarbonisation efforts.
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Climeworks’s Climate Goals (2030 & 2050)
1 goal2030
Net Zero corporate emissions across all scopes 1-3 by 2030
Net Zero corporate emissions across all scopes 1-3 by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Climeworks’s sustainability data and climate commitments
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