Swarco Holding
Swarco Holding AG, commonly referred to as Swarco, is a leading provider of traffic management solutions headquartered in Austria (AT). Established in 1969, the company has grown to become a key player in the intelligent transport systems (ITS) industry, with a strong presence across Europe and beyond. Swarco's core business areas include traffic technology, road marking, and parking management, offering innovative products such as traffic signal systems and smart parking solutions. Their commitment to sustainability and safety sets them apart in the market, as they continually develop cutting-edge technologies that enhance urban mobility. With a reputation for excellence, Swarco has achieved significant milestones, including numerous awards for their contributions to smart city initiatives. Their extensive portfolio and dedication to improving traffic flow and safety solidify Swarco's position as a trusted partner in the global transport sector.
DitchCarbon Score
How does Swarco Holding'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
Swarco Holding's score of 34 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Swarco Holding's reported carbon emissions
In 2023, Swarco Holding reported total carbon emissions of approximately 121,675,000 kg CO2e. This figure includes 122,247,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 12,316,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Swarco has set ambitious climate commitments, aiming for a significant reduction in greenhouse gas emissions. The company is committed to achieving net-zero emissions for all Scope 1 operations by 2030, with the exception of shaft furnaces and low index smelters. Additionally, Swarco aims to reduce net greenhouse gas emissions by at least 55% compared to 1990 levels across both Scope 1 and Scope 2 by 2030. In 2022, Swarco's emissions were reported at approximately 128,890,000 kg CO2e when combining Scope 1 and Scope 2 emissions, indicating a proactive approach towards monitoring and managing their carbon footprint. The company continues to focus on sustainability and reducing its environmental impact as part of its corporate responsibility initiatives.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 119,920,000 | 000,000,000 |
| Scope 2 | 8,970,000 | 0,000,000 |
| Scope 3 | - | - |
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.
Swarco Holding is not participating in any of the initiatives that 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.
