Hydroware AB
Hydroware AB, a leading player in the water management industry, is headquartered in Sweden (SE) and operates extensively across Europe. Founded in 2015, the company has quickly established itself as a pioneer in innovative water solutions, focusing on sustainable practices and advanced technology. Specialising in smart water management systems, Hydroware AB offers unique products that enhance efficiency and reduce environmental impact. Their core services include water quality monitoring, leak detection, and data analytics, all designed to optimise water usage for municipalities and industries alike. With a commitment to excellence, Hydroware AB has achieved significant milestones, positioning itself as a trusted partner in the water sector. The company’s dedication to innovation and sustainability has garnered recognition, making it a prominent name in the European water management landscape.
DitchCarbon Score
How does Hydroware AB'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 Transport Equipment Manufacturing 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
Hydroware AB's score of 40 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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Hydroware AB's reported carbon emissions
In 2023, Hydroware AB reported total carbon emissions of approximately 12,712 kg CO2e, comprising 382 kg CO2e from Scope 1, 2,130 kg CO2e from Scope 2, and 10,200 kg CO2e from Scope 3 emissions. This data highlights the company's commitment to transparency in its carbon footprint across all relevant scopes. Hydroware AB has set ambitious climate targets, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2023 as the baseline year. This target has been approved through a streamlined validation route for small and medium-sized enterprises (SMEs) by the Science Based Targets initiative (SBTi). The company also plans to measure and address its Scope 3 emissions, which represent a significant portion of its total emissions. In previous years, emissions were notably higher, with 16,868 kg CO2e in 2022 and 3,360 kg CO2e in 2021 for Scope 1, indicating a potential shift in operational efficiency or changes in business practices. The commitment to reducing emissions aligns with industry standards for climate action, reflecting Hydroware AB's dedication to sustainability and responsible environmental stewardship.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 3,360 | 00,000 | 000 |
| Scope 2 | 148 | 0,000 | 0,000 |
| Scope 3 | 46.5 | 0,000 | 00,000 |
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.
Hydroware AB 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.
