Volvo Construction Equipment Germany GmbH Sustainability Profile
Volvo Construction Equipment Germany GmbH, a subsidiary of the renowned Volvo Group, is headquartered in Germany and operates extensively across Europe. Established in 1832, the company has evolved into a leader in the construction equipment industry, specialising in the manufacture of high-quality machinery such as excavators, wheel loaders, and compactors. With a commitment to innovation and sustainability, Volvo Construction Equipment is known for its advanced technology and eco-friendly solutions, setting it apart from competitors. The company has achieved significant milestones, including the introduction of electric and hybrid models, reinforcing its position as a pioneer in the market. Recognised for its reliability and performance, Volvo Construction Equipment Germany GmbH continues to shape the future of construction, making it a trusted choice for professionals in the industry.
DitchCarbon Score
How does Volvo Construction Equipment Germany GmbH'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 Construction Work 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 Germany GmbH's score of 77 is higher than 88% 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 Germany GmbH 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 Germany GmbH adheres to various climate pledges and targets cascaded from AB Volvo (publ). These include commitments to reduce emissions in line with science-based targets, although specific reduction targets for the subsidiary are not detailed. The emissions data and performance metrics for Volvo Construction Equipment Germany GmbH are inherited from AB Volvo (publ), which operates under a comprehensive sustainability framework. This framework includes initiatives such as the Carbon Disclosure Project (CDP) and the Climate Action 100+ (CA100) initiative, both of which aim to enhance transparency and accountability in corporate climate action. While specific emissions figures are not provided, the overarching commitment to sustainability and climate action remains a priority for Volvo Construction Equipment Germany GmbH, reflecting the broader goals of its parent organisation.
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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 Germany GmbH's Industry?
How Carbon Intensive is Volvo Construction Equipment Germany GmbH's Location?
Volvo Construction Equipment Germany GmbH's Scope 3 Categories Breakdown
Volvo Construction Equipment Germany GmbH'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 Germany GmbH'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 Germany GmbH 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.
