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In 2024, Palfinger 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).
Palfinger has also provided a category-level breakdown for 11 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofPalfinger amounted to52,863metric 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 Palfingerincreased by 44.06%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Palfinger were 18,885 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2022, Palfinger's Scope 1 emissions have remained relatively, stable, indicating that Palfinger's emissions have plateaued with no significant change in its operational footprint.a
Compared to the previous year(2023), Palfinger's Scope 1 emissions remained relatively stable, indicating that Palfinger's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Palfinger reported Scope 2 greenhouse gas (GHG) emissions of 11,365 tCOâ‚‚e using the market-based method and 33,978 tCOâ‚‚e using the location-based method.a
In 2024, Palfinger reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Palfinger reported 3,042,731 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 Palfinger includes a breakdown across 11of 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
In 2024, Palfinger reported total Scope 3 emissions of 3,042,731 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 30.59%of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.41%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, Palfinger's Scope 3 emissionshave decreased by 17.43%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Palfinger's Scope 3 emissions decreased by 14.33%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Palfinger reported emissions for 11 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.
In 2024, the largest contributors to Palfinger's Scope 3 emissions were:a
In 2024, Palfinger reported Scope 1 greenhouse gas (GHG) emissions of 18,885 tCOâ‚‚e and total revenues of USD 2,456 millions. This translates into an emissions intensity of 7.69 tCOâ‚‚e per millions USD.a
In 2024, Palfinger reported a Scope 1 emissions intensity of 7.69 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.66, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Palfinger ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Palfinger is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Palfinger reported a total carbon footprint of 3,095,594 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.74% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Palfinger's total carbon footprint was Scope 3 emissions, accounting for 98.29% of the company's total carbon footprint, followed by Scope 2 emissions at 1.1%.a