Alfa Laval AB

Industrial Machinery
ALFA.ST
SEK 264 0.11
Share price
$ 9.7 bn
Market Cap
$ 11 bn
Enterprise Value

Carbon footprint

2.7 Ton
GHG emissions per $ 1 mln investment
0.07x the weighted average for S&P 500
FY2021
How is this calculated?
-34%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-12%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Alfa Laval AB aims to reduce Scope 1 + 2 by 50% by 2023 from a base year 2020


This target has not been verified as science based according to SBTi
Alfa Laval AB's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-10%
Proj. YOY change in GHG emissions (all Scopes)
Stronger than the -7.1% weighted average for S&P 500
FY2021
How is this calculated?

Alfa Laval AB aims to achieve carbon neutrality for all Scopes by 2030


This target has not been verified as science based according to SBTi
Alfa Laval AB's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Alfa Laval AB's GHG emissions (market-based) (Kt of CO2e)
Alfa Laval AB's Carbon intensity (Tons per 1 USDm)

Alfa Laval AB's carbon footprint

Alfa Laval AB reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 28 Kt (-14 /-33.7% y-o-y). Also positively, carbon intensity was down at 6 t (-3.1 /-34.1% y-o-y).

Alfa Laval AB reported Scope 3 emissions for the the twelve months ending31 December 2021 at 420

The company is committed to reducing Scope 1 + 2 by 50% by 2023 from a base year 2020, which translates into the estimated reduction of -3.5 Kt per annum over the period of FY2022 - FY2023. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving carbon neutrality for all Scopes by 2030, which translates into the estimated reduction of -46 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Alfa Laval AB aims to achive carbon neutrality across its entire value chain (all Scopes) in 2030. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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