Sandvik AB, a leading global engineering company headquartered in Sweden (SE), has been at the forefront of innovation since its founding in 1862. With a strong presence in Europe, North America, and Asia, Sandvik operates primarily in the mining and construction sectors, offering advanced materials and cutting-edge technology solutions. The company is renowned for its core products, including high-performance tools, equipment, and services that enhance productivity and sustainability in various industries. Sandvik's commitment to research and development has positioned it as a market leader, with notable achievements in areas such as metal cutting, mining, and rock excavation. With a rich history of over 160 years, Sandvik continues to set industry standards, driven by a dedication to quality and innovation that distinguishes it from competitors.
How does Sandvik'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 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.
Sandvik's score of 26 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sandvik reported carbon emissions of approximately 2,864,000 kg CO2e, all of which were classified under Scope 1 emissions. This marks a significant reduction from previous years, where emissions in 2006 were about 202,000,000 kg CO2e for Scope 1 and approximately 268,000,000 kg CO2e for Scope 2. Over the years, Sandvik has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has not reported any Scope 3 emissions, indicating a focus on direct operational emissions. Sandvik's climate commitments align with industry standards, reflecting a growing trend among corporations to address climate change proactively. The company's headquarters in Sweden (SE) positions it within a region that prioritises sustainability and environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2006 | 2007 | 2008 | 2009 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 202,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
Scope 2 | 268,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
Scope 3 | - | - | - | - | - |
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.
Sandvik 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.