Swegon Group AB
Swegon Group AB, a leading player in the indoor climate solutions industry, is headquartered in Sweden (SE) and operates extensively across Europe and beyond. Founded in 1969, Swegon has established itself as a pioneer in energy-efficient ventilation and air conditioning systems, focusing on creating comfortable and sustainable indoor environments. The company offers a diverse range of products, including advanced air handling units, chillers, and control systems, all designed to optimise energy use and enhance indoor air quality. Swegon's commitment to innovation and sustainability has positioned it as a trusted partner in the building services sector, earning recognition for its cutting-edge technology and customer-centric approach. With a strong market presence, Swegon continues to lead the way in developing solutions that meet the evolving needs of modern buildings.
DitchCarbon Score
How does Swegon Group 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 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
Swegon Group AB's score of 49 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Swegon Group AB's reported carbon emissions
Swegon Group AB, headquartered in Sweden, has set ambitious climate commitments but does not currently report specific carbon emissions data. The company has established near-term and long-term targets to significantly reduce greenhouse gas (GHG) emissions across its operations. For the near term, Swegon Group AB aims to reduce absolute Scope 1 GHG emissions by 42% by 2030, using 2022 as the base year. Additionally, the company plans to increase its sourcing of renewable electricity from 76% in 2022 to 100% by 2030. In terms of Scope 3 emissions, Swegon Group AB commits to a 51.6% reduction per MSEK value added by 2030, also from a 2022 base year. Looking towards the long term, Swegon Group AB has set a target to achieve net-zero GHG emissions across its entire value chain by 2050. This includes a 90% reduction in absolute Scope 1 and Scope 2 emissions by 2050, again from a 2022 baseline. Furthermore, the company aims to reduce Scope 3 emissions from purchased goods and services and the use of sold products by 97% per MSEK value added by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with the reductions required to limit global warming to 1.5°C. Swegon Group AB's commitment to sustainability reflects its proactive approach to addressing climate change within the electrical equipment and machinery sector.
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.
Swegon Group AB is participating in some 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.
