Ovako Group

Sustainability Report and Carbon Intensity Rankings

Is Ovako Group doing their part?

Their DitchCarbon score is 51

Ovako Group has a DitchCarbon Score of 51 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon emissions are produced relative to their output. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing their environmental impact.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Ovako Group is part of the industrial manufacturing sector, which has a carbon intensity ranking of medium. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Ovako Group, located in Sweden, benefits from the country’s very low carbon intensity, indicating strong sustainability efforts. The company’s operations are thus likely to have a lower environmental impact due to Sweden’s commitment to clean energy and low emissions.
9.71%

...this company is doing 9.71% better in emissions than the industry average.

Ovako Group, headquartered in Sweden, operates within the industrial manufacturing sector and was founded with a focus on developing high-tech steel solutions. Since its inception, Ovako has been providing steel products such as bar, tube, ring, and pre-components, primarily fabricated from recycled scrap, to enhance the durability and efficiency of its customers’ products in the bearing, transport, and manufacturing industries. With a global presence in over 30 countries and a robust sales network across Europe, North America, and Asia, Ovako reported sales of EUR 921 million in 2017 and employed 3,040 people by the end of that year.

emission intelligence's platform recommendations for Ovako Group

Ovako Group could reduce its emissions by 15% by investing in cleaner and more efficient machinery and equipment to enhance operational sustainability.

Good news, Ovako Group has embraced SBTi commitments

Ovako Group has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to significantly reduce their greenhouse gas emissions. This commitment aligns the company’s environmental efforts with the goals of the Paris Agreement to limit global warming.
Participating

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1. Reputation and Brand Image

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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