Palfinger Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Palfinger's score of 93 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Palfinger's reported carbon emissions
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 around 17,676,000 kg CO2e, and Scope 3 emissions at about 3,551,875,000 kg CO2e. Palfinger has set ambitious climate commitments, aiming for a reduction of 2,668 tonnes CO2e by 2030, with specific targets of 500 tonnes CO2e in Scope 1 and 2,168 tonnes CO2e in Scope 2, based on a 2022 baseline of 31,578 tonnes CO2e. This represents a 7.5% reduction target. Additionally, Palfinger is focused on reducing emissions across its entire value chain, particularly during the use of its products and solutions. The company is currently a subsidiary of Palfinger AG, which influences its climate strategy and reporting. Palfinger has previously committed to near-term targets but has seen some commitments removed or expired, indicating a need for ongoing evaluation of its climate strategies.
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| 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 |
How Carbon Intensive is Palfinger's Industry?
How Carbon Intensive is Palfinger's Location?
Palfinger's Scope 3 Categories Breakdown
Palfinger's Scope 3 emissions, which decreased by 14% last year and decreased by approximately 17% since 2022, 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 "Purchased Goods and Services" being the primary emissions source at 25% of Scope 3 emissions.
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Palfinger'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.
Palfinger 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.
Frequently Asked Questions
Common questions about Palfinger's sustainability data and climate commitments