Grundfos Holding A/S
Grundfos Holding A/S, commonly known as Grundfos, is a leading global pump manufacturer headquartered in Denmark (DK). Founded in 1945, the company has established a strong presence in key operational regions, including Europe, North America, and Asia. Specialising in advanced pump solutions and water technology, Grundfos focuses on energy efficiency and sustainability, making its products essential for various industries, including water supply, wastewater management, and heating. With a commitment to innovation, Grundfos has achieved significant milestones, such as pioneering smart pump technology and IoT integration. The company’s core offerings, including circulator pumps and submersible pumps, are distinguished by their reliability and energy-saving capabilities. Recognised for its market leadership, Grundfos continues to set industry standards, contributing to a more sustainable future through efficient water management solutions.
DitchCarbon Score
How does Grundfos Holding A/S'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 Business Services 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
Grundfos Holding A/S's score of 98 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grundfos Holding A/S's reported carbon emissions
In 2024, Grundfos Holding A/S reported total carbon emissions of approximately 112,116,501,000 kg CO2e. This figure includes 23,363,000 kg CO2e from Scope 1 emissions, 53,119,000 kg CO2e from Scope 2 emissions (market-based), and a significant 112,040,019,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by the use of sold products, which accounted for about 110,746,236,000 kg CO2e. Comparatively, in 2023, Grundfos reported total emissions of about 125,318,071,000 kg CO2e, with Scope 1 emissions at 25,485,000 kg CO2e, Scope 2 emissions (market-based) at 68,624,000 kg CO2e, and Scope 3 emissions at 125,223,962,000 kg CO2e. This indicates a reduction in total emissions from 2023 to 2024. Grundfos has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050, using 2020 as the base year. Near-term targets include a 50% reduction in absolute Scope 1 and 2 emissions by 2030 and a 25% reduction in absolute Scope 3 emissions within the same timeframe. Long-term goals are even more aggressive, targeting a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Grundfos's commitment to addressing climate change effectively. The data reported is cascaded from Grundfos Holding A/S, ensuring consistency and accountability in their emissions reporting and climate strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 28,853,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 90,017,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 146,714,086,000 | - | 000,000,000,000 | 000,000,000,000 | 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.
Grundfos Holding A/S is participating in some 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.
