Climeworks
Climeworks AG, a pioneering leader in direct air capture technology, is headquartered in Switzerland (CH) and operates across various regions in Europe and North America. Founded in 2009, the company has made significant strides in the carbon removal industry, positioning itself at the forefront of climate innovation. Climeworks offers unique carbon capture solutions that enable businesses and individuals to remove CO2 from the atmosphere, contributing to global climate goals. Their flagship products, including modular CO2 collectors, stand out for their efficiency and scalability. With a commitment to sustainability, Climeworks has achieved notable milestones, such as securing partnerships with major corporations and expanding its operational capacity. As a result, the company is recognised as a key player in the transition to a carbon-neutral future, driving advancements in environmental technology.
DitchCarbon Score
How does Climeworks's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Climeworks's score of 47 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Climeworks's reported carbon emissions
In 2023, Climeworks reported total carbon emissions of approximately 1,700,000 kg CO2e. This figure includes 2,000 kg CO2e from Scope 1 emissions, primarily related to direct operations, and a significant 1,700,000 kg CO2e from Scope 2 emissions, which are entirely attributed to purchased electricity. Additionally, Scope 3 emissions totalled about 1,588,000 kg CO2e, with notable contributions from business travel (approximately 805,000 kg CO2e) and purchased goods and services (around 783,000 kg CO2e). Comparatively, in 2022, Climeworks' total emissions were about 1,077,000 kg CO2e, with no Scope 1 emissions reported, 1,077,000 kg CO2e from Scope 2, and approximately 1,032,000 kg CO2e from Scope 3. This indicates a substantial increase in emissions from 2022 to 2023, primarily driven by Scope 2 emissions. Climeworks has committed to achieving net-zero corporate emissions across all scopes (1-3) by 2030, a target set in 2023. This commitment reflects their dedication to reducing their carbon footprint and aligns with industry standards for climate action. Furthermore, Climeworks is a signatory of the Amazon Climate Pledge, reinforcing their commitment to sustainability and climate responsibility. All emissions data is sourced directly from Climeworks AG, with no cascaded data from parent or related organizations.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | 0,000 |
| Scope 2 | 1,077,000 | 0,000,000 |
| Scope 3 | 1,032,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Climeworks is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
