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OrganisationsDover
Dover logo

Dover

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment ManufacturingUnited StatesNYSE: DOV
Last verified 3 days agodovercorporation.com

Dover Corporation, commonly referred to as Dover, is a leading global manufacturer headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1955, Dover has established itself in the diversified industrial sector, focusing on key business areas such as fluid management, refrigeration and food equipment, and industrial technologies.

Dover's core products include pumps, compressors, and dispensing equipment, all designed with innovative features that enhance efficiency and reliability. The company is recognised for its commitment to quality and customer satisfaction, positioning itself as a trusted partner in various industries. With a strong market presence and a history of strategic acquisitions, Dover continues to achieve notable milestones, reinforcing its status as a leader in the industrial manufacturing landscape.

40
DitchCarbon score

+2 vs industry average

Dover’s score of 40 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Dover’s sustainability team

Amit Agarwal

Amit Agarwal

Segment CFO, Pumps & Process Solutions + Climate & Sustainability Technologies

Jorge Cepeda

Jorge Cepeda

Sourcing and Project Manager

Industry Intensity

Medium

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing has typical carbon intensity

Industry performance

0.159
20192025

The Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing industry has reduced its overall emissions by 16% since 2019

Emissions trajectory 2020 – 2027

00B00B00B0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Dover's reported carbon emissions

Dover Corporation reported approximately 1.54 billion kg CO2e in Scope 3 emissions for 2024, a significant portion of which was from the use of sold products. For 2023, Dover's Scope 1 emissions were about 25.6 million kg CO2e, Scope 2 emissions were approximately 74.0 million kg CO2e, and Scope 3 emissions included about 15.3 billion kg CO2e from the use of sold products. In 2022, total Scope 1 and 2 emissions amounted to approximately 149.1 million kg CO2e, with Scope 3 emissions at about 17.3 billion kg CO2e. The company has set ambitious climate commitments, aiming for a 30% reduction in absolute Scope 1 and 2 market-based greenhouse gas (GHG) emissions by 2030, using a 2019 baseline. Additionally, Dover is targeting a 15% reduction in absolute Scope 3 GHG emissions by 2030, also from a 2019 baseline. These targets are aligned with a "well-below 2°C" pathway, as validated by the Science Based Targets initiative (SBTi). The company has indicated that it is on track for its near-term reduction targets.

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Dover’s Climate Goals (2030 & 2050)

1 goal

2030

30% reduction in all scopes

Reduce absolute scope 1 and 2 market-based GHG emissions 30% by 2030 from a 2019 base year

At risk30%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

12 of 15 categories disclosed
Use of Sold Products88%
End-of-Life Treatment3%
Purchased Goods & Services3%
Capital Goods2%
Downstream Transportation & Distribution2%
Upstream Transportation & Distribution1%
Investments1%
Employee Commuting0%
Use of Sold Products88%
End-of-Life Treatment3%
Purchased Goods & Services3%
Capital Goods2%
Downstream Transportation & Distribution2%
Upstream Transportation & Distribution1%
Investments1%
Employee Commuting0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Dover logoDover
USAir-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing
3 days ago
40
Danfoss logoDanfoss
DKElectrical Machinery Manufacturing
5 days ago
95
View
Flsmidth logoFlsmidth
DKMining Machinery and Equipment Manufacturing
8 days ago
90
View
Xylem logoXylem
USWater Distribution
16 hours ago
80
View
Andritz logoAndritz
ATElectrical Machinery Manufacturing
5 days ago
66
View
Ingersoll Rand logoIngersoll Rand
USElectrical Machinery Manufacturing
1 day ago
64
View
Fortive logoFortive
USElectrical Machinery Manufacturing
10 days ago
58
View

Frequently asked questions

Common questions about Dover’s sustainability data and climate commitments

Dover's total carbon emissions for 2024 are approximately 1.54 billion kg CO₂e in Scope 3 emissions. This figure highlights the significant impact of the use of sold products, which constitutes a substantial portion of their overall emissions. In 2023, Dover reported about 25.6 million kg CO₂e in Scope 1 emissions and approximately 74 million kg CO₂e in Scope 2 emissions. These figures reflect the company's ongoing efforts to monitor and manage its carbon footprint across all operational scopes.

Data year: 2024

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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London W1W 5PF

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