- Increased pricing of GHG emissions resulting in increased compliance costs.
- Increased cost of raw materials due to carbon pricing.
- Unsuccessful investment in new technologies.
- Supply chain disruptions from extreme weather events.
Dover Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Dover Corporation disclosed greenhouse gas emissions of 169.9K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 54.8K tCO2e/year; Scope 2: 115.1K tCO2e/year (market-based); Scope 3: 17.6M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
169.9K tCO2e/year (Scope 1 & 2)
2023
Water Usage
1.4K megaliters/year (withdrawal)
2023
Energy Use
530.8K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 54.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 115.1K tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 17.6M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 169.9K tCO2e/year (Scope 1 & 2) |
| 2022 | 17.3M tCO2e (2022) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 location-based emissions by 17% from the 2019 re-baselined figure.
- 70% of SWEP’s energy consumption comes from renewable sources.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 50% by 2030 (Markem-Imaje)
📅 Medium-term
- Reduce Scope 1 and 2 emissions 30% by 2030 (relative to 2019 baseline)
- Reduce Scope 3 emissions 15% by 2030 (relative to 2019 baseline)
- Achieve carbon neutrality across scope 1 and 2 emissions by 2030 (SWEP)
🔭 Long-term
- Net zero emissions by 2050 (SWEP)
🌱 ESG Focus Areas
Climate ChangeWater Security