Cavotec
Cavotec SA, headquartered in Switzerland (CH), is a leading global engineering group specialising in innovative connection and electrification solutions for various industries. Founded in 1974, Cavotec has established a strong presence in key operational regions, including Europe, North America, and Asia-Pacific. The company focuses on providing advanced technologies for sectors such as ports, airports, and industrial applications, with core products including automated mooring systems, power supply systems, and cable management solutions. What sets Cavotec apart is its commitment to sustainability and efficiency, helping clients reduce emissions and enhance operational performance. With a reputation for excellence, Cavotec has achieved significant milestones, positioning itself as a trusted partner in the electrification and automation landscape, and continues to drive innovation in the industry.
DitchCarbon Score
How does Cavotec's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cavotec's score of 55 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cavotec's reported carbon emissions
In 2024, Cavotec reported total carbon emissions of approximately 9,562,000 kg CO2e. This figure includes 307,000 kg CO2e from Scope 1 emissions, 828,000 kg CO2e from Scope 2 emissions, and a significant 8,427,000 kg CO2e from Scope 3 emissions, which encompasses categories such as purchased goods and services (6,558,000 kg CO2e) and business travel (665,000 kg CO2e). Cavotec has set ambitious near-term targets to reduce its carbon footprint, aiming for near-zero emissions in both Scope 1 and Scope 2 by 2025. This commitment aligns with their broader strategy to adhere to science-based targets in accordance with the Paris Agreement. In 2023, the company reported total emissions of about 1,330,000 kg CO2e, with Scope 1 emissions at 286,000 kg CO2e and Scope 2 emissions at 842,000 kg CO2e. The previous year, 2022, saw total emissions of approximately 1,596,000 kg CO2e, indicating a significant increase in emissions in 2023. Cavotec's emissions data is not cascaded from any parent organization, and all figures are sourced directly from Cavotec SA. The company is headquartered in Switzerland and operates within the electrical equipment and machinery sector.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 243,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 976,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 331,000 | 000,000 | 000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cavotec is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
