Sandvik AB
Industrial Machinery
SAND.ST
SEK 224 2.7
Share price
$ 27 bn
Market Cap
$ 31 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
Sandvik AB aims to achieve net zero for Scope 1 + 2 by 2050
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
Sandvik AB reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 234 Kt (-45 /-16.1% y-o-y). Also positively, carbon intensity plummeted to 20 t (-8.3 /-29.1% y-o-y).
No public disclosure of Scope 3 emissions has been found for Sandvik AB at the moment.
The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -8.1 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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