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Cavotec Group AB

Common Name
Cavotec Group
Country
Sweden
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
722
Ticker
CCC
Exchange
NASDAQ STOCKHOLM AB
Description
Cavotec SA operates as an engineering and technology company, specializing in providing innovative industrial solutions with applications spanning across multiple sectors. These solutions include syst...

Cavotec Group's GHG Emissions Data Preview

In 2024, Cavotec Group 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).

Cavotec Group has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Cavotec Group’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2022, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Cavotec Group’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 Cavotec Group’s data sources below and access millions more through our Disclosure Search.

a. Cavotec Group's Annual Report 2024

Insights into Cavotec Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Cavotec Group amounted to 1,135 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 Cavotec Group increased by 0.62%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Cavotec Group's Scope 1 Emissions Over Time

202220232024080160240320tCO2e+23%+7%
  • Total Scope 1
  • Year-over-Year Change

What are Cavotec Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Cavotec Group were 307 metric tons of CO₂ equivalent (tCO₂e).a

Has Cavotec Group reduced its Scope 1 emissions over time?

Since 2022, Cavotec Group's Scope 1 emissions have increased by 31.76%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Cavotec Group's Scope 1 emissions increased by 7.34%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Cavotec Group's Scope 2 emissions?

In 2024, Cavotec Group reported Scope 2 greenhouse gas (GHG) emissions of 828 tCO₂e without specifying the calculation method.a

Has Cavotec Group reduced its Scope 2 emissions over time?

Since 2022, Cavotec Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 19.22%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2023), Cavotec Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Cavotec Group's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Cavotec Group use for Scope 2 reporting?

In 2024, Cavotec Group reported its Scope 2 emissions using an unspecified methodology.a

Cavotec Group's Scope 2 Emissions Over Time

20222023202403006009001.2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Cavotec Group's Value Chain Emissions

In 2024, Cavotec Group reported 8,427 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 Cavotec Group includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Cavotec Group's Scope 3 Emissions Over Time

20222023202402.5 k5 k7.5 k10 ktCO2e-40%+4072%
  • Total Scope 3
  • Year-over-Year Change

What are Cavotec Group's Scope 3 emissions?

In 2024, Cavotec Group reported total Scope 3 emissions of 8,427 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Cavotec Group reduced its Scope 3 emissions over time?

Since 2022, Cavotec Group's Scope 3 emissions have increased by 2,393.2%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Cavotec Group's Scope 3 emissions increased by 4,071.78%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Cavotec Group disclose?

In 2024, Cavotec Group reported emissions for 5 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 Cavotec Group's Scope 3 emissions?

In 2024, the largest contributors to Cavotec Group's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 6,558 tCO₂e (77.82%)
  • Business Travel (Cat. 6): 665 tCO₂e (7.89%)
  • Capital Goods (Cat. 2): 554 tCO₂e (6.57%)

Cavotec Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(77.8%)Capital Goods(Cat. 2)(6.6%)Business Travel(Cat. 6)(7.9%)

Insights into Cavotec Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Cavotec Group reported Scope 1 greenhouse gas (GHG) emissions of 307 tCO₂e and total revenues of USD 2,001 millions. This translates into an emissions intensity of 0.15 tCO₂e per millions USD.a

Cavotec Group's Scope 1 Emissions Intensity Compared to Peers

505005,00050,000500,000Scope 1 Emissions (tCO2e)202002,00020,000100,000Revenues (Millions of USD)ABHCNordisk BergteknikYear: 2024Scope 1: 22,498 tCO2eRevenue: $M 300Scope 1 Intensity: 75.01 tCO2e/$MBeijer AlmaYear: 2024Scope 1: 3,904 tCO2eRevenue: $M 654Scope 1 Intensity: 5.97 tCO2e/$MAAAbsolent Air Care GroupYear: 2024Scope 1: 469 tCO2eRevenue: $M 127Scope 1 Intensity: 3.69 tCO2e/$MTrelleborgYear: 2024Scope 1: 34,424 tCO2eRevenue: $M 3,101Scope 1 Intensity: 11.10 tCO2e/$MBBBerner IndustrierYear: 2024Scope 1: 188 tCO2eRevenue: $M 87Scope 1 Intensity: 2.15 tCO2e/$MHHHAKI SafetyYear: 2024Scope 1: 650 tCO2eRevenue: $M 95Scope 1 Intensity: 6.82 tCO2e/$MStudsvikYear: 2024Scope 1: 721 tCO2eRevenue: $M 81Scope 1 Intensity: 8.90 tCO2e/$MAlfa LavalYear: 2024Scope 1: 16,113 tCO2eRevenue: $M 6,076Scope 1 Intensity: 2.65 tCO2e/$MAtlas CopcoYear: 2024Scope 1: 91,000 tCO2eRevenue: $M 16,041Scope 1 Intensity: 5.67 tCO2e/$MNederman HoldingYear: 2023Scope 1: 807 tCO2eRevenue: $M 613Scope 1 Intensity: 1.32 tCO2e/$MAlimak GroupYear: 2024Scope 1: 4,642 tCO2eRevenue: $M 644Scope 1 Intensity: 7.21 tCO2e/$MRejlersYear: 2024Scope 1: 316 tCO2eRevenue: $M 402Scope 1 Intensity: 0.79 tCO2e/$MElectrolux ProfessionalYear: 2024Scope 1: 2,159 tCO2eRevenue: $M 1,142Scope 1 Intensity: 1.89 tCO2e/$MSecuritasYear: 2024Scope 1: 119,062 tCO2eRevenue: $M 14,693Scope 1 Intensity: 8.10 tCO2e/$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: 2024Scope 1: 176,000 tCO2eRevenue: $M 5,561Scope 1 Intensity: 31.65 tCO2e/$MProfilgruppenYear: 2024Scope 1: 2,180 tCO2eRevenue: $M 206Scope 1 Intensity: 10.57 tCO2e/$MRatosYear: 2024Scope 1: 14,848 tCO2eRevenue: $M 2,915Scope 1 Intensity: 5.09 tCO2e/$MVolvoYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 47,805Scope 1 Intensity: 4.37 tCO2e/$MVestumYear: 2024Scope 1: 4,350 tCO2eRevenue: $M 385Scope 1 Intensity: 11.29 tCO2e/$MNordic Waterproofing HoldingYear: 2024Scope 1: 3,599 tCO2eRevenue: $M 371Scope 1 Intensity: 9.69 tCO2e/$MMycronicYear: 2024Scope 1: 497 tCO2eRevenue: $M 640Scope 1 Intensity: 0.78 tCO2e/$MSandvikYear: 2024Scope 1: 81,000 tCO2eRevenue: $M 11,150Scope 1 Intensity: 7.26 tCO2e/$MCCCavotec GroupYear: 2024Scope 1: 307 tCO2eRevenue: $M 2,001Scope 1 Intensity: 0.15 tCO2e/$M

How does Cavotec Group's GHG emissions intensity compare to its peers?

In 2024, Cavotec Group reported a Scope 1 emissions intensity of 0.15 tCO₂e per millions USD. Compared to the peer group median of 6.4, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Cavotec Group rank on GHG emissions intensity within its industry?

In 2024, Cavotec Group ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Cavotec Group among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Cavotec Group's Total Carbon Footprint

In 2024, Cavotec Group reported a total carbon footprint of 9,562 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 618.95% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Cavotec Group's total carbon footprint was Scope 3 emissions, accounting for 88.13% of the company's total carbon footprint, followed by Scope 2 emissions at 8.66%.a

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