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Cavotec Group AB
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified 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.
Insights into Cavotec Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCavotec Group amounted to1,135metric 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 Groupincreased 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e 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
- Total Scope 2 (Unspecified Calculation Method)
Insights into Cavotec Group's Value Chain Emissions
In 2024, Cavotec Group reported 8,427 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 Cavotec Group includes a breakdown across 5of 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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 emissionshave 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 tCOâ‚‚e(77.82%)
- Business Travel (Cat. 6): 665 tCOâ‚‚e(7.89%)
- Capital Goods (Cat. 2): 554 tCOâ‚‚e(6.57%)
Cavotec Group's Scope 3 Emissions by Categories
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 tCOâ‚‚e and total revenues of USD 2,001 millions. This translates into an emissions intensity of 0.15 tCOâ‚‚e per millions USD.a
Cavotec Group's Scope 1 Emissions Intensity Compared to Peers
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 tCOâ‚‚e 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 tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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