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Carlo Gavazzi Holding AG

Common Name
Carlo Gavazzi Holding
Country
Switzerland
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
967
Ticker
GAV
Exchange
SIX SWISS EXCHANGE
Description
Carlo Gavazzi Holding AG is a multinational enterprise specializing in the design and manufacturing of electronic components for building and industrial automation. The company's primary function is t...

Carlo Gavazzi Holding's GHG Emissions Data Preview

In 2024, Carlo Gavazzi Holding 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).

Carlo Gavazzi Holding 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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a
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind Carlo Gavazzi Holding’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 Carlo Gavazzi Holding’s data sources below and access millions more through our Disclosure Search.

a. Carlo Gavazzi Holding's Sustainability Report 2024
a. Carlo Gavazzi Holding's Sustainability Report 2024

Insights into Carlo Gavazzi Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCarlo Gavazzi Holding amounted to2,506metric 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 Carlo Gavazzi Holdingdecreased by 15.17%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Carlo Gavazzi Holding's Scope 1 Emissions Over Time

2023202404008001.2 k1.6 ktCO2e-10%
  • Total Scope 1
  • Year-over-Year Change

What are Carlo Gavazzi Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Carlo Gavazzi Holding were 1,272 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Carlo Gavazzi Holding's Scope 1 emissions decreased by 10.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Carlo Gavazzi Holding's Scope 2 emissions?

In 2024, Carlo Gavazzi Holding reported Scope 2 greenhouse gas (GHG) emissions of 1,383 tCOâ‚‚e using the market-based method and 1,234 tCOâ‚‚e using the location-based method.a

Has Carlo Gavazzi Holding reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Carlo Gavazzi Holding's Scope 2 emissions(Location-Based) fell by 19.66% 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 Carlo Gavazzi Holding use for Scope 2 reporting?

In 2024, Carlo Gavazzi Holding reported its Scope 2 emissions using the market-based method and using the location-based method.a

Carlo Gavazzi Holding's Scope 2 Emissions Over Time

2023202405501.1 k1.65 k2.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Carlo Gavazzi Holding's Value Chain Emissions

In 2024, Carlo Gavazzi Holding reported 100,858 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Carlo Gavazzi Holding includes a breakdown across 9of 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

Carlo Gavazzi Holding's Scope 3 Emissions Over Time

20232024030 k60 k90 k120 ktCO2e+7%
  • Total Scope 3
  • Year-over-Year Change

What are Carlo Gavazzi Holding's Scope 3 emissions?

In 2024, Carlo Gavazzi Holding reported total Scope 3 emissions of 100,858 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 99.83%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.17%came from downstream activities like product use, distribution, and end-of-life treatment.a

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

What categories of Scope 3 emissions does Carlo Gavazzi Holding disclose?

In 2024, Carlo Gavazzi Holding 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 Carlo Gavazzi Holding's Scope 3 emissions?

In 2024, the largest contributors to Carlo Gavazzi Holding's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 87,697 tCOâ‚‚e(86.95%)
  • Upstream Transportation and Distribution (Cat. 4): 7,769 tCOâ‚‚e(7.7%)
  • Capital Goods (Cat. 2): 4,159 tCOâ‚‚e(4.12%)

Carlo Gavazzi Holding's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(87.0%)Capital Goods(Cat. 2)(4.1%)UpstreamTransportation andDistribution(Cat. 4)(7.7%)

Insights into Carlo Gavazzi Holding’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Carlo Gavazzi Holding reported Scope 1 greenhouse gas (GHG) emissions of 1,272 tCOâ‚‚e and total revenues of USD 191 millions. This translates into an emissions intensity of 6.66 tCOâ‚‚e per millions USD.a

Carlo Gavazzi Holding's Scope 1 Emissions Intensity Compared to Peers

505005,00050,000500,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)MSchlatter IndustriesYear: 2024Scope 1: 298 tCO2eRevenue: $M 125Scope 1 Intensity: 2.38 tCO2e/$MAbbYear: 2024Scope 1: 119,000 tCO2eRevenue: $M 26,489Scope 1 Intensity: 4.49 tCO2e/$MBVZ HoldingYear: 2024Scope 1: 2,023 tCO2eRevenue: $M 187Scope 1 Intensity: 10.81 tCO2e/$MLandis+Gyr GroupYear: 2024Scope 1: 2,895 tCO2eRevenue: $M 1,549Scope 1 Intensity: 1.87 tCO2e/$MSulzerYear: 2024Scope 1: 15,000 tCO2eRevenue: $M 3,899Scope 1 Intensity: 3.85 tCO2e/$MImpleniaYear: 2024Scope 1: 66,621 tCO2eRevenue: $M 3,930Scope 1 Intensity: 16.95 tCO2e/$MMetall ZugYear: 2024Scope 1: 1,785 tCO2eRevenue: $M 313Scope 1 Intensity: 5.70 tCO2e/$MOrell FuessliYear: 2024Scope 1: 199 tCO2eRevenue: $M 279Scope 1 Intensity: 0.71 tCO2e/$MFlughafen ZuerichYear: 2024Scope 1: 25,486 tCO2eRevenue: $M 1,465Scope 1 Intensity: 17.40 tCO2e/$MGeorg FischerYear: 2024Scope 1: 75,000 tCO2eRevenue: $M 4,298Scope 1 Intensity: 17.45 tCO2e/$MSchindler HoldingYear: 2024Scope 1: 131,225 tCO2eRevenue: $M 12,408Scope 1 Intensity: 10.58 tCO2e/$MRieter HoldingYear: 2024Scope 1: 7,195 tCO2eRevenue: $M 949Scope 1 Intensity: 7.58 tCO2e/$MKlingelnbergYear: 2025Scope 1: 2,973 tCO2eRevenue: $M 313Scope 1 Intensity: 9.51 tCO2e/$MBurkhalter HoldingYear: 2024Scope 1: 8,560 tCO2eRevenue: $M 1,277Scope 1 Intensity: 6.70 tCO2e/$MBucher IndustriesYear: 2024Scope 1: 41,651 tCO2eRevenue: $M 3,485Scope 1 Intensity: 11.95 tCO2e/$MBossard HoldingYear: 2024Scope 1: 3,252 tCO2eRevenue: $M 1,089Scope 1 Intensity: 2.99 tCO2e/$MKuehne + NagelYear: 2024Scope 1: 176,000 tCO2eRevenue: $M 27,389Scope 1 Intensity: 6.43 tCO2e/$MDaetwyler HoldingYear: 2024Scope 1: 17,718 tCO2eRevenue: $M 1,223Scope 1 Intensity: 14.48 tCO2e/$MMMMeier Tobler GroupYear: 2023Scope 1: 5,185 tCO2eRevenue: $M 649Scope 1 Intensity: 7.99 tCO2e/$MGeberitYear: 2024Scope 1: 93,827 tCO2eRevenue: $M 3,407Scope 1 Intensity: 27.54 tCO2e/$MBurckhardt Compression HoldingYear: 2024Scope 1: 4,170 tCO2eRevenue: $M 1,079Scope 1 Intensity: 3.87 tCO2e/$MOerlikonYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 2,619Scope 1 Intensity: 6.99 tCO2e/$MDormakaba HoldingYear: 2024Scope 1: 29,520 tCO2eRevenue: $M 3,156Scope 1 Intensity: 9.35 tCO2e/$MStadler RailYear: 2024Scope 1: 16,986 tCO2eRevenue: $M 3,595Scope 1 Intensity: 4.72 tCO2e/$MAdval Tech HoldingYear: 2024Scope 1: 489 tCO2eRevenue: $M 183Scope 1 Intensity: 2.67 tCO2e/$MCarlo Gavazzi HoldingYear: 2024Scope 1: 1,272 tCO2eRevenue: $M 191Scope 1 Intensity: 6.66 tCO2e/$M

How does Carlo Gavazzi Holding's GHG emissions intensity compare to its peers?

In 2024, Carlo Gavazzi Holding reported a Scope 1 emissions intensity of 6.66 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.99, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Carlo Gavazzi Holding rank on GHG emissions intensity within its industry?

In 2024, Carlo Gavazzi Holding ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Carlo Gavazzi Holding's Total Carbon Footprint

In 2024, Carlo Gavazzi Holding reported a total carbon footprint of 103,364 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.12% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Carlo Gavazzi Holding's total carbon footprint was Scope 3 emissions, accounting for 97.58% of the company's total carbon footprint, followed by Scope 1 emissions at 1.23%.a

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