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 2023, 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)2023202220212020 - 2017
Total Scope 1
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a
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b
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c
0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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c
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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 Webpage captured from company’s website 2024
a. Dover's Webpage captured from company’s website 2024
b. Dover's CDP Climate sourced from company’s website 2023
b. Dover's CDP Climate sourced from company’s website 2023
c. Dover's CDP Climate sourced from company’s website 2022
c. Dover's CDP Climate sourced from company’s website 2022
d. Dover's Sustainability Report 2020
d. Dover's Sustainability Report 2020

Insights into Dover's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Dover amounted to 169,900 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 Dover increased by 13.97%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Dover's Scope 1 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e+25%-31%+8%+16%+10%
  • Total Scope 1
  • Year-over-Year Change

What are Dover's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Dover were 54,800 metric tons of CO₂ equivalent (tCO₂e). a

Has Dover reduced its Scope 1 emissions over time?

Since 2018, Dover's Scope 1 emissions have increased by 19.17%, reflecting a rising long-term trend in Scope 1 emissions over time. a d

Compared to the previous year (2022), Dover's Scope 1 emissions increased by 9.5%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Dover's Scope 2 emissions?

In 2023, Dover reported Scope 2 greenhouse gas (GHG) emissions of 115,100 tCO₂e without specifying the calculation method. a

Has Dover reduced its Scope 2 emissions over time?

Since 2018, Dover's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 16.82%, reflecting a declining long-term trend in Scope 2 emissions over time. a d

What methodology does Dover use for Scope 2 reporting?

In 2023, Dover reported its Scope 2 emissions using an unspecified methodology. a

Dover's Scope 2 Emissions Over Time

201820192020202120222023040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Dover's Value Chain Emissions

In 2023, Dover reported 17,604,624 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 2023 disclosure of Dover includes a breakdown across 12 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

Dover's Scope 3 Emissions Over Time

20182019202020212022202304.5 M9 M13.5 M18 MtCO2e+323%-6%0%+7%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Dover's Scope 3 emissions?

In 2023, Dover reported total Scope 3 emissions of 17,604,624 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 9.36% of these emissions originated from upstream activities such as purchased goods and capital goods, while 90.64% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Dover reduced its Scope 3 emissions over time?

Since 2018, Dover's Scope 3 emissions have increased by 328.55%, reflecting a rising long-term trend in Scope 3 emissions over time. a d

Compared to the previous year (2022), Dover's Scope 3 emissions remained relatively stable, indicating that Dover 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Dover disclose?

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

  • Use of Sold Products (Cat. 11): 15,321,094 tCO₂e (87.03%)
  • Purchased Goods and Services (Cat. 1): 950,628 tCO₂e (5.4%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 525,900 tCO₂e (2.99%)

Dover's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(5.4%)End-of-LifeTreatment of SoldProducts (Cat. 12)(3.0%)Use of Sold Products(Cat. 11)(87.0%)

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

In 2023, Dover reported Scope 1 greenhouse gas (GHG) emissions of 54,800 tCO₂e and total revenues of USD 8,438 millions. This translates into an emissions intensity of 6.49 tCO₂e per millions USD. a

Dover's Scope 1 Emissions Intensity Compared to Peers

1,0005,00020,000200,0001,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Emerson 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: 2023Scope 1: 127,000 tCO2eRevenue: $M 19,065Scope 1 Intensity: 6.66 tCO2e/$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: 2023Scope 1: 76,221 tCO2eRevenue: $M 7,364Scope 1 Intensity: 10.35 tCO2e/$MITTYear: 2023Scope 1: 32,312 tCO2eRevenue: $M 3,283Scope 1 Intensity: 9.84 tCO2e/$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: 2023Scope 1: 294,863 tCO2eRevenue: $M 34,065Scope 1 Intensity: 8.66 tCO2e/$MIngersoll Rand IncYear: 2024Scope 1: 38,932 tCO2eRevenue: $M 7,235Scope 1 Intensity: 5.38 tCO2e/$MDonaldsonYear: 2023Scope 1: 23,797 tCO2eRevenue: $M 3,431Scope 1 Intensity: 6.94 tCO2e/$MGracoYear: 2023Scope 1: 14,247 tCO2eRevenue: $M 2,196Scope 1 Intensity: 6.49 tCO2e/$MNordsonYear: 2023Scope 1: 5,986 tCO2eRevenue: $M 2,629Scope 1 Intensity: 2.28 tCO2e/$MRockwell AutomationYear: 2024Scope 1: 26,604 tCO2eRevenue: $M 8,264Scope 1 Intensity: 3.22 tCO2e/$MMiddlebyYear: 2021Scope 1: 17,748 tCO2eRevenue: $M 3,251Scope 1 Intensity: 5.46 tCO2e/$MGE VernovaYear: 2024Scope 1: 226,811 tCO2eRevenue: $M 34,935Scope 1 Intensity: 6.49 tCO2e/$MCraneYear: 2023Scope 1: 13,970 tCO2eRevenue: $M 2,086Scope 1 Intensity: 6.70 tCO2e/$MA O SmithYear: 2019Scope 1: 71,824 tCO2eRevenue: $M 2,993Scope 1 Intensity: 24.00 tCO2e/$MDoverYear: 2023Scope 1: 54,800 tCO2eRevenue: $M 8,438Scope 1 Intensity: 6.49 tCO2e/$M

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

In 2023, Dover reported a Scope 1 emissions intensity of 6.49 tCO₂e per millions USD. Compared to the peer group median of 6.94 , 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 2023, Dover ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Dover reported a total carbon footprint of 17,774,524 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.01% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Dover's total carbon footprint was Scope 3 emissions, accounting for 99.04% of the company's total carbon footprint, followed by Scope 2 emissions at 0.65%. a

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