Sandvik

Sandvik, headquartered in SE and operating within the "Other business services (74)" industry, has established robust climate commitments. For the reporting year 2025, the company reported approximately 8.31 billion kg CO2e in total emissions. This figure comprises approximately 78.33 million kg CO2e for Scope 1 emissions and approximately 84.23 million kg CO2e for Scope 2 (market-based) emissions. Scope 3 emissions were significant, accounting for approximately 8.15 billion kg CO2e, with the largest contributions from the use of sold products (approximately 5.45 billion kg CO2e) and purchased goods and services (approximately 2.05 billion kg CO2e).

Sandvik is committed to achieving net-zero greenhouse gas emissions across its entire value chain by no later than 2050, a target validated by the Science Based Targets initiative (SBTi). As a near-term objective, the company aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030, using 2019 as the baseline year. Furthermore, Sandvik has set a target to reduce absolute Scope 3 emissions by 30% by 2030, also against a 2019 baseline. For its own operations and energy use (Scope 1 and 2), Sandvik aims for net-zero emissions by 2040. Sandvik Rock Tools, a part of the Sandvik group, specifically aims for fully climate-neutral production units by 2025 concerning Scope 1 and 2 emissions.