Ovzon Sustainability Profile
Ovzon AB, headquartered in Sweden, is a pioneering force in the satellite communications industry, specialising in high-speed mobile broadband services. Founded in 2016, the company has rapidly established itself as a leader in providing innovative satellite solutions, particularly for remote and challenging environments. With a focus on delivering unique, high-capacity satellite connectivity, Ovzon's core offerings include its advanced Ovzon 3 satellite and user terminals, which stand out for their portability and ease of use. The company has achieved significant milestones, including successful satellite launches and partnerships that enhance its market position. Ovzon's commitment to quality and reliability has garnered recognition within the industry, making it a preferred choice for government, military, and commercial clients seeking robust communication solutions.
DitchCarbon Score
How does Ovzon'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 Business Services 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
Ovzon's score of 28 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ovzon's reported carbon emissions
In 2023, Ovzon reported total carbon emissions of approximately 894,000 kg CO2e from Scope 3 and about 23,000 kg CO2e from Scope 2. This reflects a significant increase in emissions compared to 2022, when Scope 3 emissions were about 457,000 kg CO2e and Scope 2 emissions were approximately 14,000 kg CO2e. Notably, Ovzon does not disclose any Scope 1 emissions data. Despite the increase in emissions, Ovzon has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce their carbon footprint. The emissions data is cascaded from their parent company, Ovzon AB (publ), as part of their corporate family relationship. As a current subsidiary, Ovzon's climate performance is aligned with the broader initiatives of its parent company, although specific reduction initiatives or targets have not been outlined. The company operates within the telecommunications sector, which is increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear climate commitments in the future.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 14,000 | 00,000 |
| Scope 3 | 457,000 | 000,000 |
How Carbon Intensive is Ovzon's Industry?
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Ovzon'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.
Ovzon has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
