Sandvik AB
Sandvik's Climate Target Data Preview
As of 2024, Sandvik has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Sandvik ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2025 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2040 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Sandvik's Greenhouse Gas Emissions Pathways
As of 2024, Sandvik has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
Does Sandvik have a target to reduce the emissions from its operations?
As of 2024, Sandvik has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Sandvik's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 183,116.883 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2024, Sandvik is ahead of schedule on its operational emissions reduction target, having achieved 52.22% of the planned reduction.
Sandvik's Operational (Scope 1+2) Emissions Pathway
Does Sandvik have a target to reduce the emissions from its value chain?
As of 2024, Sandvik has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
Sandvik's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 7,800,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
Instead of reducing value chain emissions, Sandvik has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.