Danfoss

Danfoss, headquartered in Denmark and operating in the Electrical machinery and apparatus sector, has robust climate commitments and a clear emissions reduction strategy.

In 2025, Danfoss's total reported greenhouse gas emissions are approximately 110.13 billion kg CO2e. This includes Scope 1 emissions of approximately 118.1 million kg CO2e, Scope 2 emissions (market-based) of about 112.6 million kg CO2e, and substantial Scope 3 emissions of approximately 109.99 billion kg CO2e. A significant portion of the Scope 3 emissions, about 106.32 billion kg CO2e, originates from the use of sold products. For comparison, in 2024, their total reported emissions were around 112.55 billion kg CO2e.

Danfoss has set ambitious Science Based Targets initiative (SBTi) validated goals. The company commits to achieving net-zero greenhouse gas emissions across its value chain by 2050. Near-term SBTi targets include reducing absolute Scope 1 and 2 GHG emissions by 90.0% by 2035 from a 2024 base year. Additionally, they aim to reduce Scope 3 GHG emissions from the use of sold products by 66.33% per Ton of refrigeration from sold compressors within the same timeframe, and a 97.0% reduction in Scope 3 GHG emissions per EUR value added by 2050 from a 2024 base year.

Further commitments include achieving carbon neutrality in their own operations by 2030, which equates to a minimum of 90% absolute Scope 1 and 2 emissions reduction. They also target a 75% reduction in absolute Scope 1 and 2 emissions by 2028, compared to a 2019 baseline. Danfoss aims to reduce its CO2 intensity (tons of CO2 emitted per EURm net sale) by 50% by 2030, against a 2007 baseline.