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European Climate Pact

Overview

Location

Sweden

Sector

Capital goods

Organisation type
Business

Company Information

Sandvik is a global engineering group offering products in the areas of tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2021, the Group had approximately 44,000 employees and revenues of about 99 billion SEK.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Have a company-wide GHG emissions reduction target
  • Have scope 1+2 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (01/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Sandvik AB have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (01/07/2022)

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

MRV: Pact MRV in place

Status date: Submitted (01/07/2022)

Data source: CDP Climate Change 2022