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Electrical Machinery Manufacturing
AT
updated a month ago

Palfinger Sustainability Profile

Company website

Palfinger AG, a leading provider of innovative lifting solutions, is headquartered in Austria (AT) and operates extensively across Europe, Asia, and the Americas. Founded in 1932, the company has established itself in the crane and lifting equipment industry, specialising in hydraulic systems, truck-mounted cranes, and marine and offshore solutions. Palfinger's commitment to quality and innovation has led to significant milestones, including the development of advanced telematics systems that enhance operational efficiency. Renowned for its robust and versatile products, Palfinger holds a strong market position, consistently recognised for its engineering excellence and customer-centric approach. With a focus on sustainability and safety, Palfinger continues to set industry standards, making it a trusted partner for businesses seeking reliable lifting solutions.

DitchCarbon Score

How does Palfinger'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.

87

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing 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.

32

Industry Benchmark

Palfinger's score of 87 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

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Palfinger's reported carbon emissions

In 2024, Palfinger AG reported total carbon emissions of approximately 3,072,981,000 kg CO2e, with Scope 1 emissions at about 18,885,000 kg CO2e, Scope 2 emissions at approximately 11,365,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 3,042,731,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 3,588,570,000 kg CO2e, with Scope 1 at approximately 19,019,000 kg CO2e, Scope 2 at about 17,676,000 kg CO2e, and Scope 3 at around 3,551,875,000 kg CO2e. Palfinger has set a near-term target for reducing its Scope 1 and 2 emissions, aiming for an absolute reduction of 2,668 tonnes CO2e by 2030, which includes 500 tonnes CO2e from Scope 1 and 2,168 tonnes CO2e from Scope 2. The base year for this target is 2022, where emissions were reported at 31,578 tonnes CO2e before retroactive corrections and 37,155 tonnes CO2e after corrections. This target represents a reduction of approximately 7.5%. Additionally, Palfinger is committed to reducing greenhouse gas emissions across its entire value chain, particularly during the use of its products and solutions, with a focus on achieving these reductions by 2025. Palfinger's emissions data is cascaded from its parent company, Palfinger AG, and reflects its ongoing commitment to sustainability within the electrical equipment and machinery sector.

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2020202220232024
Scope 1
20,168,000
00,000,000
00,000,000
00,000,000
Scope 2
16,421,000
00,000,000
00,000,000
00,000,000
Scope 3
-
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is Palfinger's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Palfinger's primary industry is Electrical Machinery Manufacturing, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Palfinger's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Palfinger is in AT, which has a very low grid carbon intensity relative to other regions.

Palfinger's Scope 3 Categories Breakdown

Palfinger's Scope 3 emissions, which decreased by 14% last year and decreased by approximately 17% since 2022, 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 "Purchased Goods and Services" being the primary emissions source at 25% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
25%

Palfinger'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.

Palfinger 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Palfinger's Emissions with Industry Peers

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Frequently Asked Questions

Common questions about Palfinger's sustainability data and climate commitments

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