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European Climate Pact
private sector

Alfa Laval Corporate AB

Overview

Location

Sweden

Sector

Capital goods

Organisation type
Business

Company Information

Alfa Laval is a publicly listed global manufacturer of specialized products and engineering solutions based on technologies for heat transfer, separation and fluid handling. It mainly operates in the food, marine, environment, and energy industries. The company is headquartered in Lund, Sweden. In 2021, it reported a total of 17,883 employees and net sales of 40.9 billion SEK.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Alfa Laval Corporate AB has a target to reduce absolute scopes 1 and 2 CO2e emissions 100% by 2030 from a base year of 2020. This is a year-on-year reduction rate of 10.0% over the next 9 years

Pledge: Have a short-medium term GHG emissions reduction target (scope 1+2) with a 2.1% year-on-year reduction at a minimum

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Have a target to improve energy efficiency

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

 

Water

Our actions – the Pathway

  • Publicly disclose data on water-related impact to investors through a public platform
  • Integrate water-related issues into the company's financial planning
  • Integrate water-related issues into the company's long-term business objectives
  • Integrate water-related issues into the company's strategy to achieve long-term business objectives
  • Provide C-suite incentives for the management of water related issues
  • Regularly monitor and measure key water security metrics at least for 75% of the company's facilities

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Water 2022

 

Governance & Strategy

North Star

  • Alfa Laval Corporate AB have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022