Lifco AB
Lifco AB, a prominent player in the industrial sector, is headquartered in Sweden (SE) and operates extensively across Europe and beyond. Founded in 1995, the company has established itself in various industries, including dental, demolition, and packaging, offering a diverse range of products and services tailored to meet specific market needs. Lifco's core offerings include high-quality dental equipment, innovative demolition tools, and efficient packaging solutions, all distinguished by their reliability and advanced technology. The company has achieved significant milestones, positioning itself as a leader in its field, with a strong focus on sustainability and customer satisfaction. Lifco AB continues to expand its market presence, driven by a commitment to excellence and innovation in every aspect of its operations.
DitchCarbon Score
How does Lifco AB'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 Medical Device 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
Lifco AB's score of 63 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lifco AB's reported carbon emissions
In 2024, Lifco AB reported total carbon emissions of approximately 4,846,005,000 kg CO2e, with Scope 1 emissions at about 8,330,000 kg CO2e, Scope 2 emissions at around 5,142,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 4,832,533,000 kg CO2e. This represents a notable increase from 2023, when total emissions were about 4,072,631,000 kg CO2e, with Scope 1 at approximately 8,609,000 kg CO2e and Scope 2 at around 7,424,000 kg CO2e. Lifco has set ambitious near-term targets, committing to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2023 as the base year. Additionally, the company aims for 10% of its customers by revenue, covering the use of sold products, to have science-based targets by 2029. Preparations are underway to establish a science-based emissions target in line with the Science Based Targets initiative (SBTi) criteria, with a long-term goal of achieving net-zero emissions by 2050. In terms of recent performance, Lifco achieved a reduction of approximately 318 tonnes CO2e in Scope 1 and 2 emissions from 2022 to 2023, equating to a decrease of about 1.9%. This reduction reflects Lifco's ongoing commitment to improving its environmental impact and aligns with industry standards for climate action. The emissions data is cascaded from Lifco AB (publ), the parent company, ensuring consistency and transparency in reporting.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 6,328,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,849,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 10,989,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Lifco AB 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.
