Volvo Construction Equipment Corporation Sustainability Profile
Volvo Construction Equipment Corporation, commonly referred to as Volvo CE, is a leading player in the global construction equipment industry. Headquartered in Belgium, the company operates extensively across Europe, North America, and Asia, providing innovative solutions for construction and infrastructure projects. Founded in 1832, Volvo CE has achieved significant milestones, including the introduction of advanced machinery and sustainable practices. Specialising in a diverse range of products, Volvo CE offers excavators, wheel loaders, and articulated haulers, all designed with cutting-edge technology and a focus on efficiency and environmental sustainability. The company is renowned for its commitment to quality and safety, positioning itself as a trusted partner in the construction sector. With a strong market presence and a reputation for reliability, Volvo CE continues to shape the future of construction equipment.
DitchCarbon Score
How does Volvo Construction Equipment Corporation'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
Volvo Construction Equipment Corporation's score of 88 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Volvo Construction Equipment Corporation, headquartered in Belgium, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of AB Volvo (publ), which influences its climate commitments and emissions reporting. As part of its parent company's sustainability initiatives, Volvo Construction Equipment Corporation is aligned with AB Volvo's climate strategies, including targets set under the Science Based Targets initiative (SBTi) and other industry standards. However, specific reduction targets or achievements for Volvo Construction Equipment Corporation itself have not been disclosed. The emissions data and performance metrics are cascaded from AB Volvo (publ), which is responsible for the overarching climate commitments and strategies. This includes initiatives related to the Climate Pledge and other sustainability frameworks, although specific details on these initiatives for Volvo Construction Equipment Corporation are not provided. In summary, while Volvo Construction Equipment Corporation is committed to sustainability through its affiliation with AB Volvo, detailed emissions data and specific reduction targets remain unspecified at this time.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 273,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 260,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Volvo Construction Equipment Corporation's Industry?
How Carbon Intensive is Volvo Construction Equipment Corporation's Location?
Volvo Construction Equipment Corporation's Scope 3 Categories Breakdown
Volvo Construction Equipment Corporation's Scope 3 emissions, which decreased by 8% last year and decreased by approximately 25% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Volvo Construction Equipment Corporation'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.
Volvo Construction Equipment Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
