Danfoss Sustainability Profile
Danfoss A/S, a global leader in engineering solutions, is headquartered in Denmark (DK) and operates extensively across Europe, North America, and Asia. Founded in 1933, the company has established itself in the HVAC, refrigeration, and industrial automation sectors, providing innovative products and services that enhance energy efficiency and sustainability. Danfoss is renowned for its cutting-edge technologies, including variable frequency drives, hydraulic components, and district heating solutions, which are designed to optimise performance and reduce environmental impact. With a strong commitment to research and development, Danfoss has achieved significant milestones, positioning itself as a key player in the energy sector. The company’s dedication to quality and innovation has earned it numerous accolades, solidifying its reputation as a trusted partner in the global market.
DitchCarbon Score
How does Danfoss'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 Metal Fabrication 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
Danfoss's score of 88 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Danfoss's reported carbon emissions
In 2024, Danfoss reported total carbon emissions of approximately 124,240,079,000 kg CO2e, with Scope 1 emissions at about 130,742,000 kg CO2e, Scope 2 emissions (market-based) at approximately 216,002,000 kg CO2e, and significant Scope 3 emissions totalling around 123,893,335,000 kg CO2e. The previous year, 2023, saw total emissions of about 127,916,125,000 kg CO2e, with Scope 1 at approximately 164,465,000 kg CO2e and Scope 2 (market-based) at around 262,222,000 kg CO2e. Danfoss has set ambitious climate commitments, aiming for carbon neutrality in its operations by 2030, which includes a target to reduce absolute Scope 1 and 2 emissions by at least 90%. Additionally, they are committed to a 75% reduction in absolute Scope 1 and 2 emissions by 2028, using 2019 as a baseline. The company also aims to reduce absolute Scope 3 emissions by 15% by 2030. These targets are aligned with the Science Based Targets initiative (SBTi), which confirms that Danfoss's goals are consistent with the reductions necessary to limit global warming to 1.5°C. The company is actively working towards these goals, reflecting a strong commitment to sustainability and climate action.
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| 2009 | 2010 | 2011 | 2012 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 153,371,000 | 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 3 | - | - | - | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Danfoss's Industry?
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Danfoss's Scope 3 Categories Breakdown
Danfoss's Scope 3 emissions, which decreased by 3% last year and increased by approximately 85% 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" being the largest emissions source at 97% of Scope 3 emissions.
Top Scope 3 Categories
Danfoss'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.
Danfoss 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.
Frequently Asked Questions
Common questions about Danfoss's sustainability data and climate commitments