Assa Abloy AB

Common Name
Assa Abloy
Country
Sweden
Sector
Industrials
Industry
Security & Protection Services
Employees
63,723
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 GHG Emissions Data Preview

In 2024, Assa Abloy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Assa Abloy has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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b
0000000
Total Scope 3
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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Verified Sources Behind Assa Abloy’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Assa Abloy’s data sources below and access millions more through our Disclosure Search.

a. Assa Abloy's Annual Report 2024
a. Assa Abloy's Annual Report 2024
b. Assa Abloy's Sustainability Report 2023
b. Assa Abloy's Sustainability Report 2023

Insights into Assa Abloy's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Assa Abloy amounted to 215,790 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Assa Abloy decreased by 18.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Assa Abloy's Scope 1 Emissions Over Time

2018201920202021202220232024080 k160 k240 k320 ktCO2e-57%+120%+3%-3%-70%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Assa Abloy's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Assa Abloy were 85,476 metric tons of CO₂ equivalent (tCO₂e). a

Has Assa Abloy reduced its Scope 1 emissions over time?

Since 2018, Assa Abloy's Scope 1 emissions have decreased by 72.51%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Assa Abloy's Scope 1 emissions decreased by 4.53%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Assa Abloy's Scope 2 emissions?

In 2024, Assa Abloy reported Scope 2 greenhouse gas (GHG) emissions of 129,124 tCO₂e using the market-based method and 130,314 tCO₂e using the location-based method. a

Has Assa Abloy reduced its Scope 2 emissions over time?

Since 2018, Assa Abloy's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 68.67%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Assa Abloy's Scope 2 emissions (Location-Based) fell by 25.28% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Assa Abloy use for Scope 2 reporting?

In 2024, Assa Abloy reported its Scope 2 emissions using the market-based method and using the location-based method. a

Assa Abloy's Scope 2 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Assa Abloy's Value Chain Emissions

In 2024, Assa Abloy reported 5,045,014 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Assa Abloy includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Assa Abloy's Scope 3 Emissions Over Time

20192020202120222023202405 M10 M15 M20 MtCO2e+168%+22%+7%-73%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Assa Abloy's Scope 3 emissions?

In 2024, Assa Abloy reported total Scope 3 emissions of 5,045,014 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 82.41% of these emissions originated from upstream activities such as purchased goods and capital goods, while 17.59% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Assa Abloy's Scope 3 emissions remained relatively stable, indicating that Assa Abloy 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Assa Abloy disclose?

In 2024, Assa Abloy reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Assa Abloy's Scope 3 emissions?

In 2024, the largest contributors to Assa Abloy's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 3,763,353 tCO₂e (74.6%)
  • Use of Sold Products (Cat. 11): 665,062 tCO₂e (13.18%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 222,578 tCO₂e (4.41%)

Assa Abloy's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(13.2%)End-of-LifeTreatment of SoldProducts (Cat. 12)(4.4%)Purchased Goods andServices (Cat. 1)(74.6%)

Insights into Assa Abloy’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Assa Abloy reported Scope 1 greenhouse gas (GHG) emissions of 85,476 tCO₂e and total revenues of USD 13,626 millions. This translates into an emissions intensity of 6.27 tCO₂e per millions USD. a

Assa Abloy's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,000500,000Scope 1 Emissions (tCO2e)202002,00020,000100,000Revenues (Millions of USD)NCCYear: 2023Scope 1: 126,000 tCO2eRevenue: $M 5,643Scope 1 Intensity: 22.33 tCO2e/$MLoomisYear: 2023Scope 1: 134,139 tCO2eRevenue: $M 2,845Scope 1 Intensity: 47.14 tCO2e/$MSkanskaYear: 2024Scope 1: 149,000 tCO2eRevenue: $M 16,015Scope 1 Intensity: 9.30 tCO2e/$MNederman HoldingYear: 2023Scope 1: 807 tCO2eRevenue: $M 613Scope 1 Intensity: 1.32 tCO2e/$MLagercrantz GroupYear: 2024Scope 1: 2,420 tCO2eRevenue: $M 763Scope 1 Intensity: 3.17 tCO2e/$MAlimak GroupYear: 2024Scope 1: 4,642 tCO2eRevenue: $M 644Scope 1 Intensity: 7.21 tCO2e/$MStockwik ForvaltningYear: 2024Scope 1: 651 tCO2eRevenue: $M 77Scope 1 Intensity: 8.43 tCO2e/$MFasadgruppen GroupYear: 2024Scope 1: 4,024 tCO2eRevenue: $M 447Scope 1 Intensity: 9.00 tCO2e/$MRejlersYear: 2024Scope 1: 316 tCO2eRevenue: $M 402Scope 1 Intensity: 0.79 tCO2e/$MElectrolux ProfessionalYear: 2023Scope 1: 2,000 tCO2eRevenue: $M 1,174Scope 1 Intensity: 1.70 tCO2e/$MSdiptechYear: 2024Scope 1: 4,974 tCO2eRevenue: $M 469Scope 1 Intensity: 10.61 tCO2e/$MHusqvarnaYear: 2024Scope 1: 14,217 tCO2eRevenue: $M 4,388Scope 1 Intensity: 3.24 tCO2e/$MSKFYear: 2024Scope 1: 45,853 tCO2eRevenue: $M 8,958Scope 1 Intensity: 5.12 tCO2e/$MInstalcoYear: 2024Scope 1: 10,204 tCO2eRevenue: $M 1,242Scope 1 Intensity: 8.21 tCO2e/$MMunters GroupYear: 2024Scope 1: 8,000 tCO2eRevenue: $M 1,402Scope 1 Intensity: 5.71 tCO2e/$MPeabYear: 2022Scope 1: 216,000 tCO2eRevenue: $M 5,937Scope 1 Intensity: 36.38 tCO2e/$MProfilgruppenYear: 2024Scope 1: 2,180 tCO2eRevenue: $M 206Scope 1 Intensity: 10.57 tCO2e/$MVolvoYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 47,805Scope 1 Intensity: 4.37 tCO2e/$MFagerhult GroupYear: 2024Scope 1: 7,245 tCO2eRevenue: $M 754Scope 1 Intensity: 9.61 tCO2e/$MMycronicYear: 2024Scope 1: 497 tCO2eRevenue: $M 640Scope 1 Intensity: 0.78 tCO2e/$MSandvikYear: 2024Scope 1: 81,000 tCO2eRevenue: $M 11,150Scope 1 Intensity: 7.26 tCO2e/$MAssa AbloyYear: 2024Scope 1: 85,476 tCO2eRevenue: $M 13,626Scope 1 Intensity: 6.27 tCO2e/$M

How does Assa Abloy's GHG emissions intensity compare to its peers?

In 2024, Assa Abloy reported a Scope 1 emissions intensity of 6.27 tCO₂e per millions USD. Compared to the peer group median of 7.26 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Assa Abloy rank on GHG emissions intensity within its industry?

In 2024, Assa Abloy ranked 10 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Assa Abloy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Assa Abloy's Total Carbon Footprint

In 2024, Assa Abloy reported a total carbon footprint of 5,260,804 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.79% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Assa Abloy's total carbon footprint was Scope 3 emissions, accounting for 95.9% of the company's total carbon footprint, followed by Scope 2 emissions at 2.48%. a

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