- Geopolitical development and trends towards regionalization or nationalization and trade wars.
- Potential resource constraints around the supply of battery cells and minerals.
- Digital disruption and cyber security threats.
- Increased regulatory complexity and stricter financing requirements.
- Managing inflation and margin volatility.
- Understanding changing customer needs and ensuring customer value.
- Key talent attraction and retention.
- Compliance risks in countries and industries with elevated corruption and sanctions risks.
Sandvik AB (publ)
Greenhouse gas emissions & sustainability report data
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2015 | 365 thousand tons CO2e |
| 2008 | 534 thousand tons CO2 (excluding emissions from transport of raw materials and finished products as well as travel) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Launched an industry-first "opt-out" customer recycling program for carbide drill bits, contributing to secure sourcing of scarce minerals, reduced environmental impact, and minimizing waste generation.
- Seco division introduced product packaging made from 100 percent recycled materials.
- Wolfram division started developing tools using Bergla® tungsten carbide powder, made entirely of recycled material, with a manufacturing process requiring less than 10 percent energy compared to standard recycling methods.
- GHG reduction targets received approval from the Science Based Targets initiative (SBTi).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute scope 1 and 2 GHG emissions by 50% by 2030 (2019 baseline).
📅 Medium-term
- Reduce absolute scope 3 emissions by 30% by 2030 (2019 baseline); Reduce absolute scope 1 and 2 GHG emissions by 90% by 2040 (2019 baseline).
🔭 Long-term
- Net-zero GHG emissions across the entire value chain by 2050.
🌱 ESG Focus Areas
SustainabilityClimate ChangeHuman RightsFair Labor ConditionsCircular EconomyDiversity & InclusionCompliance