Dover Corp

Industrial Machinery
DOV
$ 164 0.5
Share price
$ 23 bn
Market Cap
$ 26 bn
Enterprise Value

Carbon footprint

3.3 Ton
GHG emissions per $ 1 mln investment
0.1x the weighted average for S&P 500
FY2020
How is this calculated?
-16%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

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 has not set a company-wide target for an absolute reduction in GHG emissions yet.

Dover Corp also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Dover Corporation commits to reduce absolute scope 1 and 2 market-based GHG emissions 30% by 2030 from a 2019 base year. Dover Corporation also commits to reduce absolute scope 3 GHG emissions 15% within the same timeframe.

Company environmental metrics

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