Swegon Group AB Sustainability Profile
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 37 is higher than 63% 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 a comprehensive strategy to address greenhouse gas emissions across its operations. Swegon Group AB has committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. This commitment includes significant near-term targets: a 42% reduction in absolute Scope 1 emissions by 2030 from a 2022 baseline, and a 51.6% reduction in Scope 3 emissions from purchased goods and services and the use of sold products, measured per MSEK value added, also by 2030. Additionally, the company aims to increase its sourcing of renewable electricity from 76% in 2022 to 100% by 2030. For long-term goals, Swegon Group AB targets a 90% reduction in absolute Scope 1 and Scope 2 emissions by 2050, again using 2022 as the baseline year. Furthermore, it aims for a 97% reduction in Scope 3 emissions per MSEK value added by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with limiting global warming to 1.5°C. The company’s commitment reflects a proactive approach to sustainability within the electrical equipment and machinery sector.
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Swegon Group AB'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.
Swegon Group AB has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
