Environment

Promoting the green transition in our value chain

We help our customers reduce their emissions in accordance with the carbon management hierarchy and operate within the same framework when managing our own value chain emissions.

 The green transition is also supported by increasing regulatory requirements to improve energy efficiency in the built environment, increase the need for renovations and energy management, expand renewable energy infrastructure and construct zero carbon buildings.  We help our customers proactively in their climate work and incorporate changing legislative requirements in purchasing and maintenance decision during the asset lifecycle.

Mitigating climate change throughout the value chain

We are committed to the Paris Agreement to limit global warming to 1.5°C and have set ourselves a high climate ambition and targets for 2030. Today our operations account for approximately 1.4% of our total GHG emissions, while 98.6% arise from other parts of the value chain. 

Read more about our commitments here.

Mitigating climate change in our own operations

Our own operations GHG emissions are caused by the use of fossil fuels, which are mainly used in our business and service vehicles (0.8% of total GHG emissions in 2024) and by the consumption of purchased energy, including energy used for electricity, heating and cooling in properties and the electricity needed to charge electric vehicles (0.6% of total GHG emissions in 2024).

Climate targets for our own operations: 42% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2023 base year

Key actions to achieve this target are:

• Scope 1 (Vehicles): Gradual electrification of the service and business vehicle fleet, supported by actions to reduce fuel consumption through optimising the vehicle fleet, improving route optimisation, focusing on economical driving and preferring renewable diesel (HVO) for the remaining vehicle fleet.
• Scope 2 (Properties): Purchasing CO2-free electricity and district heating for our own properties, supported by actions to reduce energy consumption through optimising property portfolio, improving utilisation rate and increasing on-site renewable energy production.

Mitigating climate change in our value chain

Our value chains GHG emissions are caused by purchased good and services (16.7% of total GHG emissions in 2024), by the use of sold products i.e., the use of electricity, fuel and/or refrigerant used by the product during its lifecycle (80.2% of total GHG emissions) and other GHG emissions that are significant and relevant to our value chain, such as operational waste,  employee commuting and business travel (1.7% of total GHG emissions).

Climate target for our value chain: 42% reduction in absolute Scope 3 GHG emissions from use of sold products for sold fossil fuels by 2030 form a 2023 base year and 42% reduction in all other absolute Scope 3 GHG emissions within the same timeframe

Key actions to achieve these targets are:

• Scope 3 category 1 (Purchased good and services): We encourage our suppliers to commit to the SBTi and set emission reduction targets in line with Paris Agreement. The recommendation is part of the Supplier Code of Conduct and achievement is monitored in supplier assessments and dialogue as well as through the website of Science Based Target initiative. 
• Scope 3 category 11 (Use of sold products): We help our customers to choose more energy-efficient and climate-friendly solutions as well as to identify the actual environmental impact. For example, we can calculate the GHG emissions caused by our services for the customer, which allows us to set effective climate targets and operational actions in cooperation with the customer.

Our climate performance in 2024

• The target boundary includes land-related emissions and removals from bioenergy feedstocks.

Our main Sustainable Development Goals

SDG 7. Affordable and clean energy

Ensure access to affordable, reliable, sustainable and modern energy for all. Assemblin Caverion Group design, install, maintain and monitor clean energy solutions. We improve the energy efficiency of buildings, infrastructure and industry and ensure the availability of reliable and modern energy services.