Seco Tools AB Sustainability Profile
Seco Tools AB, a leading player in the cutting tool industry, is headquartered in Sweden (SE) and operates extensively across Europe, North America, and Asia. Founded in 1932, the company has established itself as a pioneer in precision engineering, focusing on innovative solutions for metalworking and manufacturing sectors. Specialising in high-quality cutting tools, Seco Tools offers a diverse range of products, including turning, milling, and drilling tools, renowned for their durability and performance. The company’s commitment to research and development has led to significant advancements in tool technology, setting them apart in a competitive market. With a strong market position, Seco Tools AB has received numerous accolades for its contributions to the industry, solidifying its reputation as a trusted partner for manufacturers seeking efficiency and precision in their operations.
DitchCarbon Score
How does Seco Tools AB'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 Machinery and Equipment 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
Seco Tools AB's score of 69 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Seco Tools AB, headquartered in Sweden (SE), currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. However, the company is a current subsidiary of Sandvik AB (publ), which influences its climate commitments and initiatives. Seco Tools AB's climate strategy is aligned with the broader sustainability goals set by Sandvik AB (publ). This includes participation in various climate initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from Sandvik at a corporate family level. These initiatives aim to establish science-based targets for reducing greenhouse gas emissions across all scopes. While specific reduction targets for Seco Tools AB are not detailed, the overarching commitments from Sandvik AB (publ) indicate a strong focus on sustainability and emissions reduction. The company is actively working towards enhancing its environmental performance, although precise metrics and timelines for Seco Tools AB's individual emissions reductions have not been disclosed. In summary, while Seco Tools AB does not provide specific emissions data or reduction targets, it is committed to sustainability through its affiliation with Sandvik AB (publ) and participates in significant climate initiatives aimed at reducing carbon emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 180,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 211,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 00,000,000 | 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 Seco Tools AB's Industry?
How Carbon Intensive is Seco Tools AB's Location?
Seco Tools AB's Scope 3 Categories Breakdown
Seco Tools AB's Scope 3 emissions, which decreased by 9% last year and increased by approximately 1% since 2019, 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 "Use of Sold Products" being the largest emissions source at 65% of Scope 3 emissions.
Top Scope 3 Categories
Seco Tools AB'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.
Seco Tools AB 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.
