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 61% 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 AG reported total carbon emissions of approximately 122,247,000 kg CO2e for Scope 1, which includes emissions from mobile combustion (about 17,384,000 kg CO2e), process emissions (approximately 11,560,000 kg CO2e), and stationary combustion (around 83,304,000 kg CO2e). For Scope 2 emissions, the total was about 12,316,000 kg CO2e, with a market-based approach accounting for approximately 9,427,000 kg CO2e. Swarco has set ambitious climate commitments, aiming for CO2 neutrality in all operations under Scope 1 by 2030, excluding shaft furnaces and low index smelters. Additionally, the company is committed to reducing net greenhouse gas emissions by at least 55% compared to 1990 levels for both Scope 1 and Scope 2 emissions by 2030. In 2022, Swarco's emissions were approximately 119,920,000 kg CO2e for Scope 1 and about 8,970,000 kg CO2e for Scope 2 (market-based). The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from energy consumption. Swarco's climate initiatives reflect a proactive approach to sustainability, aligning with industry standards and demonstrating a commitment to reducing their carbon footprint significantly in the coming years.
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.
