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 44 is higher than 70% 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 aimed at achieving net-zero greenhouse gas (GHG) emissions across its value chain by 2050. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets based on a 2022 baseline. For the near term, Swegon Group AB aims to reduce its absolute Scope 1 GHG emissions by 42% by 2030. 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, which include those from purchased goods and services, Swegon Group AB targets a reduction of 51.6% per million Swedish Krona (MSEK) of value added by 2030. Looking towards the long term, Swegon Group AB has committed to a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050, again using 2022 as the baseline. The company also aims to maintain its commitment to sourcing 100% renewable electricity through to 2050. Furthermore, it plans to achieve a 97% reduction in Scope 3 emissions from purchased goods and services and use of sold products per MSEK value added by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Swegon Group AB's proactive approach reflects its commitment to sustainability and responsible corporate practices in 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.
