Iveco Sustainability Profile
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 78 is higher than 88% 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 2024, Iveco reported total carbon emissions of approximately 65.1 billion kg CO2e, comprising Scope 1 emissions of about 130.8 million kg CO2e, Scope 2 emissions of approximately 38.4 million kg CO2e, and Scope 3 emissions of about 64.9 billion kg CO2e. This marks a significant increase from 2023, where total emissions were approximately 59.4 billion kg CO2e, with Scope 1 at about 59.7 million kg CO2e, Scope 2 at approximately 38.8 million kg CO2e, and Scope 3 emissions also around 59.4 billion kg CO2e. Iveco has set ambitious climate commitments, aiming to reduce absolute CO2 emissions from manufacturing processes by 50% by 2030 compared to 2019 levels for both Scope 1 and Scope 2 emissions. Additionally, the company targets a 30% reduction in emissions from its supply chain (Scope 3) by 2030, relative to 2022 levels. Furthermore, Iveco has committed to achieving net zero carbon emissions by 2040. These commitments reflect a proactive approach to climate action, aligning with industry standards and expectations for sustainability. The company is actively working towards these targets, demonstrating a commitment to reducing its environmental impact while navigating the challenges of the automotive sector.
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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 |
How Carbon Intensive is Iveco's Industry?
How Carbon Intensive is Iveco's Location?
Iveco's Scope 3 Categories Breakdown
Iveco's Scope 3 emissions, which increased by 9% last year and increased by approximately 9% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 93% of Scope 3 emissions.
Top Scope 3 Categories
Iveco's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Iveco has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Iveco's sustainability data and climate commitments