Sandvik AB

Industrial Machinery

SAND.ST

SEK 232 0.52

Share price

$ 28 bn

Market Cap

$ 32 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.13x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -9.3% weighted average for S&P 500

FY2023

Sandvik AB aims to achieve net zero for Scope 1 + 2 by 2040

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 2022 at 142 Kt (-92 /-39.3% y-o-y). Also positively, carbon intensity tumbled to 13 t (-7.5 /-37.1% y-o-y).

Sandvik AB reported Scope 3 emissions for the the twelve months ending31 December 2022 at 8,110

The company is committed to achieving net zero for Scope 1 + 2 by 2040, which translates into the estimated reduction of -7.9 Kt per annum over the period of FY2023 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	142	80	61	8,110	11,170	13
2021Q4	234	152	82		11,579	20
2020Q4	279	147	132		9,781	29
2019Q4	335	177	159		11,067	30
2018Q4	344	181	162		11,579	30
2017Q4	340	187	153		10,636	32
2016Q4	339	187	152		9,567	35
2015Q4	340	186	155		10,342	33
2014Q4	361	192	169

Sandvik AB

Carbon footprint

Primary Climate Goal

Sandvik AB aims to achieve net zero for Scope 1 + 2 by 2040

GHG emissions and Carbon intensity

Sandvik AB's carbon footprint

Company environmental metrics