Stovax Heating Group Limited Sustainability Profile
Stovax Heating Group Limited, a leading name in the heating industry, is headquartered in Great Britain. Established in 1981, the company has built a strong reputation for its innovative and high-quality heating solutions, including wood-burning stoves, multi-fuel stoves, and electric fires. Stovax operates primarily across the UK and Europe, catering to a diverse clientele seeking efficient and stylish heating options. Renowned for its commitment to sustainability, Stovax offers products that combine advanced technology with aesthetic appeal, ensuring both functionality and design excellence. The company has achieved significant milestones, including numerous awards for its eco-friendly initiatives and product innovation. With a strong market position, Stovax Heating Group Limited continues to set industry standards, making it a trusted choice for homeowners and professionals alike.
DitchCarbon Score
How does Stovax Heating Group Limited'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 Real Estate 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
Stovax Heating Group Limited's score of 56 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Stovax Heating Group Limited, headquartered in Great Britain, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of NIBE Industrier AB (publ), which may influence its climate commitments and reporting practices. As part of its corporate family relationship, Stovax Heating Group Limited's climate initiatives and performance data are cascaded from NIBE Industrier AB (publ). However, no specific reduction targets or climate pledges have been outlined for Stovax itself. The absence of documented reduction initiatives suggests that the company may still be in the process of establishing its own climate strategy or aligning with broader corporate goals set by its parent organization. In the context of the heating industry, companies are increasingly focusing on reducing their carbon footprints and committing to sustainability. While Stovax Heating Group Limited has not yet disclosed specific emissions data or targets, it is essential for the company to develop a robust climate action plan to align with industry standards and expectations.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | 0,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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Stovax Heating Group Limited's Scope 3 Categories Breakdown
Stovax Heating Group Limited's Scope 3 emissions, which increased by 11% last year and increased by approximately 12% since 2021, 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 98% of Scope 3 emissions.
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Stovax Heating Group Limited'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.
Stovax Heating Group Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
