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Dover Corp

Common Name
Dover
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
24,000
Ticker
DOV
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Dover Corporation is a diversified global manufacturer that designs and produces a broad range of innovative equipment, components, and specialty systems. The company operates in segments such as Engi...

Dover's GHG Emissions Data Preview

In 2024, Dover 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).

Dover has also provided a category-level breakdown for 12 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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b
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c
0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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c
0000000
Unspecified Calculation Method
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b
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0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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c
0000000
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Verified Sources Behind Dover’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 Dover’s data sources below and access millions more through our Disclosure Search.

a. Dover's CDP Climate sourced from company’s website 2025
a. Dover's CDP Climate sourced from company’s website 2025
b. Dover's Webpage captured from company’s website 2024
b. Dover's Webpage captured from company’s website 2024
c. Dover's CDP Climate sourced from company’s website 2023
c. Dover's CDP Climate sourced from company’s website 2023

Insights into Dover's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofDover amounted to165,221metric 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 Doverdecreased by 2.75%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Dover's Scope 1 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e-31%+8%+16%+10%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Dover's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Dover were 50,757 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Dover reduced its Scope 1 emissions over time?

Since 2019, Dover's Scope 1 emissions have decreased by 11.88%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Dover's Scope 1 emissions decreased by 7.38%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Dover's Scope 2 emissions?

In 2024, Dover reported Scope 2 greenhouse gas (GHG) emissions of 129,263 tCOâ‚‚e using the market-based method and 114,464 tCOâ‚‚e using the location-based method.a

What methodology does Dover use for Scope 2 reporting?

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

Dover's Scope 2 Emissions Over Time

201920202021202220232024040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Dover's Value Chain Emissions

In 2024, Dover reported 15,443,998 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 Dover includes a breakdown across 12of 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

Dover's Scope 3 Emissions Over Time

20192020202120222023202404.5 M9 M13.5 M18 MtCO2e-6%0%+7%+2%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Dover's Scope 3 emissions?

In 2024, Dover reported total Scope 3 emissions of 15,443,998 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 8.12%of these emissions originated from upstream activities such as purchased goods and capital goods, while 91.88%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Dover reduced its Scope 3 emissions over time?

Since 2019, Dover's Scope 3 emissionshave decreased by 11.21%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Dover's Scope 3 emissions decreased by 12.27%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Dover disclose?

In 2024, Dover reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Dover's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 13,606,121 tCOâ‚‚e(88.1%)
  • Purchased Goods and Services (Cat. 1): 733,607 tCOâ‚‚e(4.75%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 482,757 tCOâ‚‚e(3.13%)

Dover's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(3.1%)Purchased Goods andServices (Cat. 1)(4.8%)Use of Sold Products(Cat. 11)(88.1%)

Insights into Dover’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Dover reported Scope 1 greenhouse gas (GHG) emissions of 50,757 tCOâ‚‚e and total revenues of USD 7,746 millions. This translates into an emissions intensity of 6.55 tCOâ‚‚e per millions USD.a

Dover's Scope 1 Emissions Intensity Compared to Peers

1,0005,00050,000200,0001,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)SEmerson ElectricYear: 2024Scope 1: 64,976 tCO2eRevenue: $M 17,492Scope 1 Intensity: 3.71 tCO2e/$MOtis WorldwideYear: 2024Scope 1: 120,275 tCO2eRevenue: $M 14,261Scope 1 Intensity: 8.43 tCO2e/$MParker-HannifinYear: 2024Scope 1: 128,862 tCO2eRevenue: $M 19,929Scope 1 Intensity: 6.47 tCO2e/$MEnproYear: 2024Scope 1: 11,394 tCO2eRevenue: $M 1,049Scope 1 Intensity: 10.86 tCO2e/$MRegal RexnordYear: 2024Scope 1: 61,149 tCO2eRevenue: $M 6,034Scope 1 Intensity: 10.13 tCO2e/$MKadantYear: 2024Scope 1: 30,384 tCO2eRevenue: $M 1,053Scope 1 Intensity: 28.84 tCO2e/$MAMETEKYear: 2024Scope 1: 29,700 tCO2eRevenue: $M 6,941Scope 1 Intensity: 4.28 tCO2e/$MGates IndustrialYear: 2024Scope 1: 106,200 tCO2eRevenue: $M 3,408Scope 1 Intensity: 31.16 tCO2e/$MIDEXYear: 2024Scope 1: 17,116 tCO2eRevenue: $M 3,269Scope 1 Intensity: 5.24 tCO2e/$MXylemYear: 2024Scope 1: 73,943 tCO2eRevenue: $M 8,562Scope 1 Intensity: 8.64 tCO2e/$MITTYear: 2024Scope 1: 19,052 tCO2eRevenue: $M 3,631Scope 1 Intensity: 5.25 tCO2e/$MMueller Water ProductsYear: 2024Scope 1: 23,312 tCO2eRevenue: $M 1,315Scope 1 Intensity: 17.73 tCO2e/$MIllinois Tool WorksYear: 2024Scope 1: 129,526 tCO2eRevenue: $M 15,898Scope 1 Intensity: 8.15 tCO2e/$MGenerac HoldingsYear: 2024Scope 1: 30,367 tCO2eRevenue: $M 4,296Scope 1 Intensity: 7.07 tCO2e/$MCumminsYear: 2024Scope 1: 347,439 tCO2eRevenue: $M 34,102Scope 1 Intensity: 10.19 tCO2e/$MIngersoll Rand IncYear: 2024Scope 1: 38,932 tCO2eRevenue: $M 7,235Scope 1 Intensity: 5.38 tCO2e/$MDonaldsonYear: 2024Scope 1: 23,536 tCO2eRevenue: $M 3,586Scope 1 Intensity: 6.56 tCO2e/$MGracoYear: 2024Scope 1: 15,131 tCO2eRevenue: $M 2,113Scope 1 Intensity: 7.16 tCO2e/$MNordsonYear: 2024Scope 1: 5,668 tCO2eRevenue: $M 2,690Scope 1 Intensity: 2.11 tCO2e/$MRockwell AutomationYear: 2024Scope 1: 26,604 tCO2eRevenue: $M 8,264Scope 1 Intensity: 3.22 tCO2e/$MSSStandex InternationalYear: 2024Scope 1: 87,170 tCO2eRevenue: $M 721Scope 1 Intensity: 120.96 tCO2e/$MMiddlebyYear: 2023Scope 1: 89,986 tCO2eRevenue: $M 4,037Scope 1 Intensity: 22.29 tCO2e/$MGE VernovaYear: 2024Scope 1: 226,811 tCO2eRevenue: $M 34,935Scope 1 Intensity: 6.49 tCO2e/$MCraneYear: 2024Scope 1: 8,490 tCO2eRevenue: $M 2,131Scope 1 Intensity: 3.98 tCO2e/$MDoverYear: 2024Scope 1: 50,757 tCO2eRevenue: $M 7,746Scope 1 Intensity: 6.55 tCO2e/$M

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

In 2024, Dover reported a Scope 1 emissions intensity of 6.55 tCOâ‚‚e per millions USD. Compared to the peer group median of 7.11, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Dover rank on GHG emissions intensity within its industry?

In 2024, Dover ranked 11 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Dover's Total Carbon Footprint

In 2024, Dover reported a total carbon footprint of 15,609,219 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.18% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Dover's total carbon footprint was Scope 3 emissions, accounting for 98.94% of the company's total carbon footprint, followed by Scope 2 emissions at 0.73%.a

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