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 124.2 billion kg CO2e, comprising 130,742,000 kg CO2e from Scope 1, 216,002,000 kg CO2e from Scope 2, and about 123.9 billion kg CO2e from Scope 3 emissions. This reflects a commitment to reducing their carbon footprint significantly. Danfoss has set ambitious targets to achieve carbon neutrality in its operations by 2030, aiming for a minimum of 90% absolute reduction in Scope 1 and 2 emissions. Additionally, they are committed to reducing absolute Scope 1 and 2 GHG emissions by 46.2% by 2030 from a 2019 baseline, alongside a 15% reduction in Scope 3 emissions within the same timeframe. The company has also linked its sustainability initiatives to a sustainability-linked bond, which requires a 75% reduction in absolute Scope 1 and 2 emissions by 2028, compared to 2019 levels. This commitment is part of their broader "Climate Strategy 2030," which includes halving CO2 intensity and energy intensity by 2030, measured against a 2007 baseline. Danfoss's emissions data and reduction targets are sourced from Danfoss A/S, ensuring a consistent approach to sustainability across its operations.
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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?
How Carbon Intensive is Danfoss's Location?
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