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Sandvik AB

Common Name
Sandvik
Country
Sweden
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
41,962
Ticker
SAND
Exchange
Nasdaq Stockholm
Description
Sandvik AB (publ) is a Swedish engineering company founded in 1862, specializing in advanced products and solutions for mining and rock excavation, metal-cutting tools, and materials technology worldw...

Sandvik's GHG Emissions Data Preview

In 2025, Sandvik 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).

Sandvik has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
78,326a
81,458a
80,000b
Total Scope 2
Market-Based
84,232a
80,938a
65,000b
Location-Based
217,754a
216,042a
185,000b
Total Scope 3
8,145,000a
8,211,000a
N/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
5.9698a
7.3054a
6.38b
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Verified Sources Behind Sandvik’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.

a. Sandvik's Annual Report 2025
b. Sandvik's Annual Report 2024

Insights into Sandvik's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Sandvik amounted to 296,080 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 2024, the total operational greenhouse gas (GHG) emissions of Sandvik decreased by 0.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Sandvik's Scope 1 Emissions Over Time

2019202020212022202320242025025 k50 k75 k100 ktCO2e-31%+15%+1%-1%+2%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Sandvik's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Sandvik were 78,326 metric tons of CO₂ equivalent (tCO₂e).a

Has Sandvik reduced its Scope 1 emissions over time?

Since 2019, Sandvik's Scope 1 emissions have decreased by 21.66%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), Sandvik's Scope 1 emissions decreased by 3.84%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Sandvik's Scope 2 emissions?

In 2025, Sandvik reported Scope 2 greenhouse gas (GHG) emissions of 84,232 tCO₂e using the market-based method and 217,754 tCO₂e using the location-based method.a

Has Sandvik reduced its Scope 2 emissions over time?

Since 2019, Sandvik's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Sandvik's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year (2024), Sandvik's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Sandvik's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Sandvik use for Scope 2 reporting?

In 2025, Sandvik reported its Scope 2 emissions using the market-based method and using the location-based method.a

Sandvik's Scope 2 Emissions Over Time

201920212022202320242025055 k110 k165 k220 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Sandvik's Value Chain Emissions

In 2025, Sandvik reported 8,145,000 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 2025 disclosure of Sandvik includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Sandvik's Scope 3 Emissions Over Time

201920222024202502.5 M5 M7.5 M10 MtCO2e+11%-9%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Sandvik's Scope 3 emissions?

In 2025, Sandvik reported total Scope 3 emissions of 8,145,000 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 33.03% of these emissions originated from upstream activities such as purchased goods and capital goods, while 66.97% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Sandvik reduced its Scope 3 emissions over time?

Since 2019, Sandvik's Scope 3 emissionshave remained relatively stable, indicating that Sandvik's emissions have plateaued with no significant change in its value chain footprint.a

Compared to the previous year (2024), Sandvik's Scope 3 emissions remained relatively stable, indicating that Sandvik's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Sandvik disclose?

In 2025, Sandvik reported emissions for 15 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 Sandvik's Scope 3 emissions?

In 2025, the largest contributors to Sandvik's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 5,449,000 tCO₂e (66.9%)
  • Purchased Goods and Services (Cat. 1): 2,046,000 tCO₂e (25.12%)
  • Upstream Transportation and Distribution (Cat. 4): 376,000 tCO₂e (4.62%)

Sandvik's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(25.1%)UpstreamTransportation andDistribution(Cat. 4)(4.6%)Use of Sold Products(Cat. 11)(66.9%)

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

In 2025, Sandvik reported Scope 1 greenhouse gas (GHG) emissions of 78,326 tCO₂e and total revenues of USD 13,120 millions. This translates into an emissions intensity of 5.97 tCO₂e per millions USD.a

Sandvik's Scope 1 Emissions Intensity Compared to Peers

501,00020,000200,0005,000,000Scope 1 Emissions (tCO2e)502001,00010,00050,000Revenues (Millions of USD)Shanghai Electric GroupYear: 2024Scope 1: 86,106 tCO2eRevenue: $M 15,920Scope 1 Intensity: 5.41 tCO2e/$MIllinois Tool WorksYear: 2024Scope 1: 129,526 tCO2eRevenue: $M 15,898Scope 1 Intensity: 8.15 tCO2e/$MEmerson ElectricYear: 2024Scope 1: 64,976 tCO2eRevenue: $M 17,492Scope 1 Intensity: 3.71 tCO2e/$MWartsila Oyj AbpYear: 2025Scope 1: 40,848 tCO2eRevenue: $M 8,128Scope 1 Intensity: 5.03 tCO2e/$MXylemYear: 2024Scope 1: 73,943 tCO2eRevenue: $M 8,562Scope 1 Intensity: 8.64 tCO2e/$MOtis WorldwideYear: 2024Scope 1: 120,275 tCO2eRevenue: $M 14,261Scope 1 Intensity: 8.43 tCO2e/$MDoverYear: 2024Scope 1: 50,757 tCO2eRevenue: $M 7,746Scope 1 Intensity: 6.55 tCO2e/$MIngersoll Rand IncYear: 2024Scope 1: 38,932 tCO2eRevenue: $M 7,235Scope 1 Intensity: 5.38 tCO2e/$MNARI TechnologyYear: 2024Scope 1: 1,949 tCO2eRevenue: $M 7,868Scope 1 Intensity: 0.25 tCO2e/$MKeda Industrial GroupYear: 2024Scope 1: 1,204,242 tCO2eRevenue: $M 1,727Scope 1 Intensity: 697.50 tCO2e/$MDoosan EnerbilityYear: 2024Scope 1: 196,452 tCO2eRevenue: $M 11,063Scope 1 Intensity: 17.76 tCO2e/$MSchindler HoldingYear: 2025Scope 1: 125,756 tCO2eRevenue: $M 13,817Scope 1 Intensity: 9.10 tCO2e/$MKoneYear: 2025Scope 1: 110,200 tCO2eRevenue: $M 13,221Scope 1 Intensity: 8.34 tCO2e/$MRockwell AutomationYear: 2024Scope 1: 26,604 tCO2eRevenue: $M 8,264Scope 1 Intensity: 3.22 tCO2e/$MAMETEKYear: 2024Scope 1: 29,700 tCO2eRevenue: $M 6,941Scope 1 Intensity: 4.28 tCO2e/$MCavotec GroupYear: 2024Scope 1: 307 tCO2eRevenue: $M 182Scope 1 Intensity: 1.69 tCO2e/$MBerner IndustrierYear: 2024Scope 1: 188 tCO2eRevenue: $M 87Scope 1 Intensity: 2.15 tCO2e/$MNederman HoldingYear: 2025Scope 1: 838 tCO2eRevenue: $M 629Scope 1 Intensity: 1.33 tCO2e/$MAlimak GroupYear: 2025Scope 1: 4,382 tCO2eRevenue: $M 747Scope 1 Intensity: 5.86 tCO2e/$MBeijer AlmaYear: 2025Scope 1: 3,475 tCO2eRevenue: $M 843Scope 1 Intensity: 4.12 tCO2e/$MElectrolux ProfessionalYear: 2025Scope 1: 2,373 tCO2eRevenue: $M 1,323Scope 1 Intensity: 1.79 tCO2e/$MMycronicYear: 2025Scope 1: 557 tCO2eRevenue: $M 863Scope 1 Intensity: 0.65 tCO2e/$MTrelleborgYear: 2025Scope 1: 33,664 tCO2eRevenue: $M 3,732Scope 1 Intensity: 9.02 tCO2e/$MAtlas CopcoYear: 2024Scope 1: 91,000 tCO2eRevenue: $M 16,041Scope 1 Intensity: 5.67 tCO2e/$MAlfa LavalYear: 2024Scope 1: 16,113 tCO2eRevenue: $M 6,076Scope 1 Intensity: 2.65 tCO2e/$MSandvikYear: 2025Scope 1: 78,326 tCO2eRevenue: $M 13,120Scope 1 Intensity: 5.97 tCO2e/$M

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

In 2025, Sandvik reported a Scope 1 emissions intensity of 5.97 tCO₂e per millions USD. Compared to the peer group median of 5.38, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

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

In 2025, Sandvik ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into Sandvik's Total Carbon Footprint

In 2025, Sandvik reported a total carbon footprint of 8,441,080 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.79% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Sandvik's total carbon footprint was Scope 3 emissions, accounting for 96.49% of the company's total carbon footprint, followed by Scope 2 emissions at 2.58%.a

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