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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Carlo Gavazzi Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Carlo Gavazzi Holding amounted to 2,506 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Carlo Gavazzi Holding decreased by 15.17%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

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).

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.

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.

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.

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.

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.

The 2024 disclosure of Carlo Gavazzi Holding 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.

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).

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.

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.

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.

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:

  • 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 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.

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%.

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