Sandvik AB 2024 AR2
The report highlights Sandvik's stable financial performance in 2024 despite macroeconomic and geopolitical challenges, achieving revenues of SEK 123 billion and an adjusted EBITA margin of 19.2%. The company made significant strategic progress, including the acquisition of Suzhou Ahno in China and Universal Field Robots in Australia to strengthen its cutting tools and mining automation portfolios. In sustainability, Sandvik reduced its Scope 1 and 2 greenhouse gas emissions by 47% compared to the 2019 baseline, keeping it on track for its 2030 net-zero targets. Additionally, the company achieved 74% waste circularity and introduced a new global parental leave benefit to support employee work-life balance.
Company: Sandvik AB
Sector: Industrials
Country: Sweden
Year: 2024
Type: AR2
Pages: 160
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Sandvik AB
Annual Report
The report highlights Sandvik's stable financial performance in 2024 despite macroeconomic and geopolitical challenges, achieving revenues of SEK 123 billion and an adjusted EBITA margin of 19.2%. The company made significant strategic progress, including the acquisition of Suzhou Ahno in China and Universal Field Robots in Australia to strengthen its cutting tools and mining automation portfolios. In sustainability, Sandvik reduced its Scope 1 and 2 greenhouse gas emissions by 47% compared to the 2019 baseline, keeping it on track for its 2030 net-zero targets. Additionally, the company achieved 74% waste circularity and introduced a new global parental leave benefit to support employee work-life balance.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees