Caverion Sustainability Profile
Caverion Corporation, commonly referred to as Caverion, is a leading provider of technical solutions in the building and construction industry. Headquartered in Finland (FI), the company operates extensively across the Nordic and Central European regions, delivering innovative services in building systems, industrial services, and maintenance. Founded in 2014, Caverion has quickly established itself as a key player, focusing on energy efficiency and sustainable solutions. The company offers a comprehensive range of services, including HVAC, electrical engineering, and facility management, distinguished by its commitment to digitalisation and smart building technologies. Caverion's market position is bolstered by its dedication to enhancing customer value through integrated solutions, making it a trusted partner for businesses seeking to optimise their operations and reduce environmental impact.
DitchCarbon Score
How does Caverion'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 Other 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
Caverion's score of 60 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Caverion's reported carbon emissions
In 2023, Caverion reported total carbon emissions of approximately 3,236,000,000 kg CO2e, with emissions distributed across all three scopes. Specifically, Scope 1 emissions were about 19,645,000 kg CO2e, Scope 2 emissions totalled approximately 13,291,000 kg CO2e, and Scope 3 emissions reached around 3,215,683,000 kg CO2e. Notably, the majority of Scope 3 emissions stemmed from the use of sold products, accounting for about 2,766,414,000 kg CO2e. Caverion has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2023 as the baseline year. Additionally, the company is committed to achieving a positive carbon handprint five times greater than its Scope 1 and 2 carbon footprint by 2025. This target reflects Caverion's broader strategy to enhance sustainability and mitigate climate impact. The company is also aligned with the Science Based Targets initiative (SBTi), committing to science-based emissions reduction targets in accordance with the Paris Agreement, aiming to limit global warming to 1.5 degrees Celsius. Caverion's initiatives underscore its dedication to addressing climate change and promoting sustainable practices within its operations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 27,317,700 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 8,821,800 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 2,178,600 | 0,000,000 | 00,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Caverion's Industry?
How Carbon Intensive is Caverion's Location?
Caverion's Scope 3 Categories Breakdown
Caverion's Scope 3 emissions, which increased by 76% last year and increased significantly since 2018, 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" being the largest emissions source at 86% of Scope 3 emissions.
Top Scope 3 Categories
Caverion'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.
Caverion 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.
Frequently Asked Questions
Common questions about Caverion's sustainability data and climate commitments