Palfinger

Palfinger's reported carbon emissions

PALFINGER, headquartered in Austria and operating in the Electrical machinery and apparatus n.e.c. industry (31), has demonstrated a commitment to reducing its environmental impact through various climate initiatives and emissions reporting. For the reporting year ending in 2025, PALFINGER reported approximately 2.77 billion kg CO2e in Scope 3 emissions, with the majority stemming from the use of sold products (approximately 2 billion kg CO2e) and purchased goods and services (approximately 757.5 million kg CO2e). Scope 1 emissions for the same year were approximately 18.7 million kg CO2e, and Scope 2 emissions (market-based) were approximately 10.8 million kg CO2e. The total combined emissions for 2025 are approximately 2.80 billion kg CO2e. In 2024, PALFINGER's total emissions were approximately 2.88 billion kg CO2e, comprising approximately 18.9 million kg CO2e in Scope 1, approximately 11.4 million kg CO2e in Scope 2 (market-based), and approximately 2.85 billion kg CO2e in Scope 3. Scope 3 emissions were driven by approximately 2.09 billion kg CO2e from the use of sold products and approximately 762.7 million kg CO2e from purchased goods and services. Looking back, PALFINGER reported approximately 3.49 billion kg CO2e in Scope 3 emissions for 2022, with Scope 1 emissions at approximately 18.9 million kg CO2e and Scope 2 (market-based) at approximately 18.3 million kg CO2e. Their total combined emissions for 2022 were approximately 3.52 billion kg CO2e. PALFINGER has established a Greenhouse Gas (GHG) emission reduction target for Scope 1 and 2 emissions, with a base year of 2022. The target is to achieve an absolute emission reduction of 2,668 tonnes CO2e by 2030, bringing total Scope 1 and 2 emissions down to 29,091 tonnes CO2e. This includes a reduction of 500 tonnes CO2e in Scope 1 and 2,168 tonnes CO2e in Scope 2. This target represents approximately a 7.5% reduction from the corrected 2022 base year emissions of 37,155 tonnes CO2e. Additionally, there is a stated goal to reduce own emissions (Scope 1 and 2) by one percent annually relative to the 2022 reference year up to 2030. Another reduction target aims for a 25% reduction in CO2 emissions by 2030 compared to the 2015 level. PALFINGER has also set a near-term objective to reduce GHG emissions along the entire value chain, particularly concerning the use of its products and solutions.