Pierce
Pierce Group, commonly referred to as Pierce, is a leading player in the automotive and technology sectors, headquartered in Sweden (SE). Founded in 1996, the company has established a strong presence in Europe and North America, focusing on innovative solutions for vehicle safety and connectivity. Pierce is renowned for its cutting-edge products, including advanced driver assistance systems (ADAS) and telematics solutions, which set them apart in a competitive market. With a commitment to quality and innovation, Pierce has achieved significant milestones, including numerous industry awards and recognitions for their contributions to automotive technology. As a trusted partner for major automotive manufacturers, Pierce continues to solidify its market position, driving advancements that enhance vehicle performance and safety.
DitchCarbon Score
How does Pierce'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
Pierce's score of 16 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pierce's reported carbon emissions
In 2023, Pierce reported total carbon emissions of approximately 14,112,000 kg CO2e. This figure includes 2,893,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 829,000 kg CO2e from Scope 2 emissions. The majority of their emissions, about 10,611,000 kg CO2e, stem from Scope 3 activities, which encompass business travel, purchased goods and services, and transportation. Over the years, Pierce has shown a significant increase in emissions. For instance, in 2022, total emissions were approximately 125,475,000 kg CO2e, with Scope 2 emissions at 531,000 kg CO2e and Scope 3 emissions contributing the bulk. In 2021, total emissions were around 164,309,000 kg CO2e, indicating a trend of rising emissions despite efforts to monitor and report them. Currently, Pierce has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). This lack of formal climate pledges suggests that while emissions data is being tracked, there may be opportunities for Pierce to enhance its climate commitments and set measurable reduction goals in line with industry standards.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 0,000,000 |
| Scope 2 | 438,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 48,487,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
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.
Pierce is not committed to any 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.
