Grundfos Holding A/S

Grundfos Holding A/S's reported carbon emissions

Grundfos Holding A/S, headquartered in Denmark and operating within the "Other business services (74)" industry, has established significant climate commitments. The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050, using a 2020 base year. In line with its near-term goals, Grundfos commits to a 50% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, compared to the 2020 baseline. Additionally, the company targets a 25% reduction in absolute Scope 3 greenhouse gas emissions within the same timeframe. For the long term, Grundfos aims for a 90% reduction in absolute Scope 1 and 2 emissions and a 90% reduction in absolute Scope 3 emissions by 2050, all relative to the 2020 baseline. For the 2025 reporting year, Grundfos reported total emissions of approximately 112.3 billion kg CO2e. Scope 1 emissions were approximately 23.1 million kg CO2e, and Scope 2 emissions (market-based) were about 43.6 million kg CO2e. The majority of emissions stem from Scope 3, which totalled approximately 106.6 billion kg CO2e, with the use of sold products being the largest contributor at about 105.3 billion kg CO2e. In 2024, the company's total emissions were approximately 112.1 billion kg CO2e, with Scope 1 emissions at about 23.4 million kg CO2e and Scope 2 emissions (market-based) at approximately 53.1 million kg CO2e. Scope 3 emissions were around 112.0 billion kg CO2e. For 2023, Grundfos reported total emissions of approximately 125.3 billion kg CO2e. Scope 1 emissions were approximately 25.5 million kg CO2e, and Scope 2 emissions (market-based) were about 68.6 million kg CO2e. Scope 3 emissions amounted to approximately 125.2 billion kg CO2e. In 2022, total emissions were approximately 142.2 billion kg CO2e, with Scope 1 emissions at about 28.2 million kg CO2e and Scope 2 emissions (market-based) at approximately 72.1 million kg CO2e. Scope 3 emissions were around 142.1 billion kg CO2e. For the 2021 reporting year, Grundfos disclosed Scope 1 emissions of approximately 28.4 million kg CO2e and Scope 2 emissions (market-based) of about 86.2 million kg CO2e. Scope 3 data was not fully disclosed for this year. In 2020, the company reported total emissions of approximately 146.8 billion kg CO2e, with Scope 1 emissions at about 28.9 million kg CO2e, Scope 2 emissions (market-based) at approximately 90.0 million kg CO2e, and Scope 3 emissions totalling about 146.7 billion kg CO2e. The emissions data and climate commitments are directly reported by Grundfos Holding A/S.