Assa Abloy AB

Common Name
Assa Abloy
Country
Sweden
Sector
Industrials
Industry
Security & Protection Services
Employees
64,652
Ticker
ASSA B
Exchange
NASDAQ STOCKHOLM AB
Description
ASSA ABLOY AB (publ) provides door opening and access products for the institutional, commercial, and residential markets. It operates through Europe, the Middle East, India, and Africa (EMEIA); North...

Assa Abloy's Climate Target Data Preview

As of 2024, Assa Abloy has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Assa Abloy ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Assa Abloy’s Climate Targets Data

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a. Assa Abloy's Annual Report 2024
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Insights into Assa Abloy's Greenhouse Gas Emissions Pathways

As of 2024, Assa Abloy has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Assa Abloy have a target to reduce the emissions from its operations?

As of 2024, Assa Abloy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Assa Abloy's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 323,099 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Assa Abloy is ahead of schedule on its operational emissions reduction target, having achieved 67.16% of the planned reduction. a

Assa Abloy's Operational (Scope 1+2) Emissions Pathway

201920242030085 k170 k255 k340 kBaselineCurrent (-34%)Target 2030 (-50%)

Does Assa Abloy have a target to reduce the emissions from its value chain?

As of 2024, Assa Abloy has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Assa Abloy's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 5,592,879 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Assa Abloy is lagging behind on its value chain emissions reduction target, having achieved 10.89% of the planned reduction. a

Assa Abloy's Value Chain (Scope 3) Emissions Pathway

2019202420252030205001.5 M3 M4.5 M6 MCurrent (-10%)Target 2030 (-28%)Target 2050 (-90%)
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