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.
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.
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.
Swarco Holding's score of 28 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Swarco Holding reported total carbon emissions of approximately 121,675,000 kg CO2e. This figure includes 124,247,000 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, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The previous year, 2022, saw total emissions of about 128,890,000 kg CO2e, indicating a slight reduction in emissions. Swarco has disclosed emissions data for both Scope 1 and Scope 2 but has not provided information on Scope 3 emissions, which typically cover indirect emissions in the value chain. Despite the absence of specific reduction targets or initiatives, the company is actively monitoring its emissions and has reported a greenhouse gas emissions intensity of approximately 0.00012 kg CO2e per unit of revenue in 2022. Swarco's commitment to addressing climate change is evident through its transparency in emissions reporting, although further details on specific reduction initiatives or targets are currently unavailable.
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2022 | 2023 | |
---|---|---|
Scope 1 | 119,920,000 | 000,000,000 |
Scope 2 | 8,970,000 | 0,000,000 |
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.
Swarco Holding 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.