Iveco
Iveco, officially known as Industrial Vehicles Corporation, is a prominent player in the commercial vehicle industry, headquartered in Italy. Established in 1975, the company has evolved significantly, becoming a key manufacturer of light, medium, and heavy-duty trucks, as well as buses and special vehicles. With a strong operational presence across Europe, South America, and Asia, Iveco is renowned for its commitment to innovation and sustainability. The company’s core products include the Daily van, the Eurocargo, and the Stralis truck, each designed to meet diverse transportation needs while prioritising efficiency and environmental responsibility. Iveco has achieved notable milestones, including advancements in alternative fuel technologies, positioning itself as a leader in the market. With a reputation for reliability and performance, Iveco continues to shape the future of commercial transport.
DitchCarbon Score
How does Iveco'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 Financial Intermediation 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
Iveco's score of 59 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iveco's reported carbon emissions
In 2023, Iveco reported total carbon emissions of approximately 98,512,000 kg CO2e. This figure includes 59,673,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 38,839,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions, amounted to about 59,381,599,000 kg CO2e, with significant contributions from the use of sold products. Iveco has committed to various climate initiatives, including signing the Amazon Climate Pledge in November 2021, which signifies their dedication to achieving net-zero carbon emissions by 2040. They have also established near-term reduction targets, although specific numerical targets have not been disclosed. The company is actively working towards reducing its carbon footprint and enhancing sustainability across its operations. In comparison, emissions in previous years show a trend of fluctuation, with total emissions recorded at approximately 105,274,000 kg CO2e in 2020 and 101,736,000 kg CO2e in 2022. This indicates a slight reduction over the years, reflecting their ongoing efforts to improve environmental performance. Overall, Iveco's climate commitments and emissions data highlight their proactive approach to addressing climate change and reducing their carbon impact, aligning with industry standards and expectations for sustainability.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 53,504,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 57,209,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Iveco 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.
