Palfinger AG, a leading provider of innovative lifting solutions, is headquartered in Austria (AT) and operates extensively across Europe, Asia, and the Americas. Founded in 1932, the company has established itself in the crane and lifting equipment industry, specialising in hydraulic systems, truck-mounted cranes, and marine and offshore solutions. Palfinger's commitment to quality and innovation has led to significant milestones, including the development of advanced telematics systems that enhance operational efficiency. Renowned for its robust and versatile products, Palfinger holds a strong market position, consistently recognised for its engineering excellence and customer-centric approach. With a focus on sustainability and safety, Palfinger continues to set industry standards, making it a trusted partner for businesses seeking reliable lifting solutions.
How does Palfinger'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.
Mean score of companies in the Electrical Machinery 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.
Palfinger's score of 87 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Palfinger reported total carbon emissions of approximately 3,072,981,000 kg CO2e, with Scope 1 emissions at about 18,885,000 kg CO2e, Scope 2 emissions at around 11,365,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 3,042,731,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 3,588,570,000 kg CO2e, with Scope 1 at approximately 19,019,000 kg CO2e, Scope 2 at about 17,676,000 kg CO2e, and Scope 3 at around 3,551,875,000 kg CO2e. Palfinger has set ambitious greenhouse gas (GHG) reduction targets, aiming for an absolute reduction of 2,668 tonnes CO2e by 2030, with specific targets of 500 tonnes CO2e for Scope 1 and 2,168 tonnes CO2e for Scope 2. The base year for these targets is 2022, where emissions were recorded at approximately 31,578 tonnes CO2e before retroactive corrections. This commitment reflects a 7.5% reduction from the base year emissions. Additionally, Palfinger is focused on reducing emissions across its entire value chain, particularly during the use of its products and solutions, with initiatives aimed at both Scope 1 and Scope 2 emissions. The company has incorporated these targets into the remuneration structure for its Executive Board, demonstrating a commitment to accountability in achieving these goals. Palfinger's emissions data is cascaded from its parent company, Palfinger AG, which is based in Austria. The company is a member of the Business Ambition for 1.5°C initiative, although it has recently removed its near-term target commitment.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 20,168,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 16,421,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Palfinger 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.