Ferronordic
Ferronordic AB, headquartered in Sweden, is a prominent player in the construction and mining equipment industry. Founded in 2012, the company has rapidly established itself as a leading distributor of high-quality machinery and services across Sweden and other key operational regions in Northern Europe. Specialising in the sale and servicing of Volvo Construction Equipment, Ferronordic distinguishes itself through its commitment to customer satisfaction and innovative solutions. The company has achieved significant milestones, including expanding its service offerings and enhancing its market presence. With a strong focus on sustainability and efficiency, Ferronordic has garnered a reputation for reliability and excellence, positioning itself as a trusted partner in the heavy equipment sector. Its dedication to quality and service has solidified its standing in the competitive landscape of construction and mining equipment distribution.
DitchCarbon Score
How does Ferronordic'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 Motor Vehicle Manufacturing 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
Ferronordic's score of 22 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ferronordic's reported carbon emissions
In 2021, Ferronordic reported total carbon emissions of approximately 67,314,000 kg CO2e, with Scope 1 emissions accounting for about 65,253,000 kg CO2e, Scope 2 emissions from purchased electricity at approximately 1,184,000 kg CO2e, and Scope 3 emissions related to business travel at about 878,000 kg CO2e. In 2020, their total emissions were approximately 37,324,000 kg CO2e, with Scope 1 emissions at about 36,057,000 kg CO2e, Scope 2 emissions at approximately 882,000 kg CO2e, and Scope 3 emissions at about 385,000 kg CO2e. The emissions for 2019 were approximately 34,747,000 kg CO2e, with Scope 1 emissions of about 32,879,000 kg CO2e, Scope 2 emissions at approximately 754,000 kg CO2e, and Scope 3 emissions at about 1,115,000 kg CO2e. As of 2023, Ferronordic has not disclosed specific emissions data, indicating a potential shift in their reporting or a focus on new initiatives. Notably, there are no documented reduction targets or commitments to the Science Based Targets initiative (SBTi) at this time. This lack of formal reduction targets suggests that while Ferronordic is aware of its carbon footprint, it may not yet have established a structured approach to significantly reduce emissions in line with industry standards.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 32,879,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 754,000 | 000,000 | 0,000,000 |
| Scope 3 | 1,115,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ferronordic is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
