Danfoss

Danfoss, headquartered in DK and operating in the electrical machinery and apparatus sector, reported approximately 109.99 billion kg CO2e in Scope 3 emissions for 2025. Scope 1 emissions for the same year were around 118.15 million kg CO2e, and Scope 2 emissions (market-based) were approximately 112.64 million kg CO2e.

The company has established ambitious climate commitments, including a target to achieve carbon neutrality in its own operations by 2030, which equates to a minimum 90% absolute reduction in Scope 1 and 2 emissions. Furthermore, Danfoss aims to reduce its absolute Scope 1 and 2 emissions by 75% by 2028, using 2019 as a baseline.

In alignment with the Science Based Targets initiative (SBTi), Danfoss has committed to a 46.2% absolute reduction in Scope 1 and 2 greenhouse gas emissions by 2030, against a 2019 baseline. They also have an SBTi-validated target to reduce absolute Scope 3 GHG emissions by 15% within the same timeframe. A significant long-term commitment is to achieve net-zero greenhouse gas emissions across the value chain by 2050. To support this, Danfoss has also committed to reducing Scope 3 GHG emissions by 97.0% per EUR value added by 2050, based on a 2024 baseline. Additional long-term targets include maintaining a minimum 90.0% absolute Scope 1 and 2 GHG emissions reduction from 2035 through 2050, also against a 2024 baseline.