Public Profile

Lifco AB

Lifco AB, a prominent player in the industrial sector, is headquartered in Sweden and operates extensively across Europe, North America, and Asia. Founded in 1995, Lifco has established itself in the fields of dental, demolition, and packaging solutions, consistently delivering innovative products and services that cater to diverse market needs. The company’s core offerings include dental instruments, demolition equipment, and packaging machinery, each distinguished by their quality and reliability. Lifco's commitment to sustainability and efficiency has positioned it as a leader in its industry, with notable achievements in expanding its market presence through strategic acquisitions. With a focus on continuous improvement and customer satisfaction, Lifco AB remains a trusted name in the global marketplace.

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.

38

Industry Average

Mean score of companies in the Medical Instruments 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.

31

Industry Benchmark

Lifco AB's score of 38 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

Lifco AB's reported carbon emissions

In 2023, Lifco AB reported total carbon emissions of approximately 29.3 million tonnes CO2e. This figure includes about 8.6 million tonnes from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and around 7.4 million tonnes from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, heat, and steam. The company also recorded about 13.3 million tonnes from Scope 3 emissions, which cover all other indirect emissions in the value chain. Over the years, Lifco has seen fluctuations in its emissions, with a total of about 28.5 million tonnes CO2e in 2022 and 24.7 million tonnes in 2020. Notably, the company achieved a reduction in total emissions from 28.2 million tonnes in 2019 to 24.6 million tonnes in 2020, indicating a positive trend in their climate impact. Lifco has not publicly committed to specific reduction targets under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). However, they continue to monitor and report their emissions, reflecting a commitment to transparency in their climate strategy. The company’s emissions per employee have also shown a gradual decrease, from approximately 0.00536 tonnes CO2e in 2019 to about 0.00424 tonnes CO2e in 2023, suggesting ongoing efforts to improve efficiency and reduce their carbon footprint.

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Add to project
2019
2020
2021
2022
2023
Scope 1
6,328,000
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
Scope 3
10,989,000
0,000,000
0,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lifco AB's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Lifco AB is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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 committed to some reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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