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Sandvik
Mining Machinery and Equipment ManufacturingSwedenPNK: SDVKF
Last verified 2 months agohome.sandvik
Sandvik AB, commonly referred to as Sandvik, is a leading global provider of mining machinery and equipment manufacturing, with its headquarters based in Stockholm, Sweden. Established in 1862, the company has a long-standing history of innovation and industry leadership, serving major markets across Europe, North America, and beyond.
Specialising in advanced drilling, cutting, and crushing solutions, Sandvik’s core products include rock tools, underground mining equipment, and mineral processing systems. Its commitment to technological excellence and sustainable practices has cemented its position as a key player in the mining industry. Recognised for its high-quality, durable products and comprehensive service offerings, Sandvik continues to set standards in the global mining machinery sector.
82
DitchCarbon score
-5 vs industry average
Sandvik’s score of 82 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Mining Machinery and Equipment Manufacturing has above-average carbon intensity
Industry performance
0.387
20182025
The Mining Machinery and Equipment Manufacturing industry has reduced its overall emissions by 38% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Sandvik's reported carbon emissions
Sandvik's Carbon Emissions and Climate Commitments
Sandvik, a leading global mining machinery and equipment manufacturer headquartered in SE, is committed to reducing its environmental impact.
Emissions Overview
In 2025, Sandvik reported total greenhouse gas emissions of approximately 8.31 billion kg CO2e. This figure comprises:
- Scope 1 emissions: Approximately 78.33 million kg CO2e.
- Scope 2 emissions (market-based): Approximately 84.23 million kg CO2e.
- Scope 3 emissions: Approximately 8.15 billion kg CO2e, with the largest contributions from purchased goods and services (about 2.05 billion kg CO2e) and the use of sold products (about 5.45 billion kg CO2e).
For 2024, total emissions were approximately 8.37 billion kg CO2e, with Scope 1 at around 81.46 million kg CO2e and Scope 2 (market-based) at approximately 80.94 million kg CO2e. Scope 3 emissions for 2024 were approximately 8.21 billion kg CO2e.
In 2023, Sandvik reported Scope 1 emissions of approximately 80 million kg CO2e and Scope 2 emissions (market-based) of approximately 65 million kg CO2e.
The company has been reporting its emissions data since at least 2005, with Scope 1 and 2 emissions for 2015 totalling approximately 382 million kg CO2e, and Scope 1 and 2 emissions for 2014 totalling approximately 388 million kg CO2e.
Climate Targets and Initiatives
Sandvik has established ambitious climate targets, validated by the Science Based Targets initiative (SBTi). These include:
- Net-Zero Commitment: The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050.
- Near-Term Targets (by 2030):
- A 50% reduction in absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions, using 2019 as the base year.
- A 30% reduction in absolute Scope 3 GHG emissions, also from a 2019 baseline.
- Long-Term Targets:
- A 90% reduction in absolute Scope 1 and 2 GHG emissions by 2040 from a 2019 base year.
- A 90% reduction in absolute Scope 3 GHG emissions by 2050 from a 2019 base year.
Additionally, Sandvik Rock Tools aims for fully climate-neutral production units by 2025 concerning Scope 1 and 2 emissions. The company is committed to achieving net-zero emissions for its own operations, heating, and power (Scope 1 and 2) by 2040.
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Sandvik’s Climate Goals (2030 & 2050)
7 goals2030
50% reduction in Scope 2
Sandvik Group commits to reduce absolute scope 2 GHG emissions 50% by 2030 from a 2019 base year.
At risk50%
2050
Sandvik Group commits to reduce absolute scope 1 GHG emissio…
Sandvik Group commits to reduce absolute scope 1 GHG emissions 50% by 2030 from a 2019 base year.
At risk0%
2030
50% reduction in Scope 1
Sandvik Group commits to reduce absolute scope 1 GHG emissions 50% by 2030 from a 2019 base year.
Behind target50%
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
12 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Sandvik2 months ago
82
Frequently asked questions
Common questions about Sandvik’s sustainability data and climate commitments
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