Caverion Oyj

Common Name
Caverion
Country
Finland
Sector
N/A
Industry
N/A
Employees
N/A
Ticker
C7O0
Exchange
DEUTSCHE BOERSE AG

Caverion's GHG Emissions Data Preview

In 2023, Caverion 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).

Caverion has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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b
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0000000
Total Scope 3
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a
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a
0000000

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Verified Sources Behind Caverion’s Greenhouse Gas (GHG) Emissions Data

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Insights into Caverion's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Caverion amounted to 32,936 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 2022, the total operational greenhouse gas (GHG) emissions of Caverion increased by 36.21%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Caverion's Scope 1 Emissions Over Time

202020212022202306 k12 k18 k24 ktCO2e+19%-3%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Caverion's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Caverion were 19,645 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Caverion reduced its Scope 1 emissions over time?

Since 2020, Caverion's Scope 1 emissions have increased by 4.13%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Caverion's Scope 1 emissions decreased by 10.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Caverion's Scope 2 emissions?

In 2023, Caverion reported Scope 2 greenhouse gas (GHG) emissions of 13,291 tCOâ‚‚e using the market-based method. a

Has Caverion reduced its Scope 2 emissions over time?

Since 2020, Caverion's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have increased by 248.94%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

What methodology does Caverion use for Scope 2 reporting?

In 2023, Caverion reported its Scope 2 emissions using the market-based method. a

Caverion's Scope 2 Emissions Over Time

202020212022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Caverion's Value Chain Emissions

In 2023, Caverion reported 3,215,683 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 2023 disclosure of Caverion includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Caverion's Scope 3 Emissions Over Time

20202021202220230850 k1.7 M2.55 M3.4 MtCO2e+7032890%-10%+76%
  • Total Scope 3
  • Year-over-Year Change

What are Caverion's Scope 3 emissions?

In 2023, Caverion reported total Scope 3 emissions of 3,215,683 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Approximately 13.87% of these emissions originated from upstream activities such as purchased goods and capital goods, while 86.13% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Caverion reduced its Scope 3 emissions over time?

Since 2020, Caverion's Scope 3 emissions have increased by 11,165,465.97%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Caverion's Scope 3 emissions increased by 75.73%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Caverion disclose?

In 2023, Caverion reported emissions for 8 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 Caverion's Scope 3 emissions?

In 2023, the largest contributors to Caverion's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 2,766,414 tCOâ‚‚e (86.03%)
  • Purchased Goods and Services (Cat. 1): 408,847 tCOâ‚‚e (12.71%)
  • Employee Commuting (Cat. 7): 22,149 tCOâ‚‚e (0.69%)

Caverion's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(12.7%)Use of Sold Products(Cat. 11)(86.0%)

Insights into Caverion's Total Carbon Footprint

In 2023, Caverion reported a total carbon footprint of 3,248,619 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 75.21% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Caverion's total carbon footprint was Scope 3 emissions, accounting for 98.99% of the company's total carbon footprint, followed by Scope 1 emissions at 0.6%. a

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