Dover Corp

Industrial Machinery
DOV
$ 123 (0.12)%
Share price
$ 18 bn
Market Cap
$ 20 bn
Enterprise Value

Carbon footprint

4.4 Ton
GHG emissions per $ 1 mln investment
0.15x the weighted average for S&P 500
FY2020
How is this calculated?
-16%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-1.7%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Dover Corp aims to reduce Scope 1 + 2 by 30% by 2030 from a base year 2019


<2°C
Dover Corp's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-1.4%
Proj. YOY change in GHG emissions (Scope 3)
Weaker than the -6.3% weighted average for S&P 500
FY2020
How is this calculated?

Dover Corp aims to reduce Scope 3 by 15% by 2030 from a base year 2019


<2°C
Dover Corp's actual and proj. GHG emissions (Scope 3) (Kt of CO2e)

GHG emissions and Carbon intensity

Dover Corp's GHG emissions (location-based) (Kt of CO2e)
Dover Corp's Carbon intensity (Tons per 1 USDm)

Dover Corp's carbon footprint

Dover Corp reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 88 Kt (-16 /-15.7% y-o-y). Also positively, carbon intensity was down at 13 t (-1.5 /-10.3% y-o-y).

Dover Corp's Scope 3 emissions plunged to 50 Kt (-4.7 /-8.6% y-o-y). This is a higher rate of decline than over the period since 4Q'17 (-6% CAGR).

The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2019, which translates into the estimated reduction of -1.5 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 15% by 2030 from a base year 2019, which translates into the estimated reduction of -0.68 Kt per annum over the period of FY2020 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Company environmental metrics

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