Sustainability Data Hub
CTEK AB (publ)
CTEK develops and manufactures battery chargers and accessories. The company targets both consumer and industrial markets with a focus on innovation and sustainability.
1997
Sweden
201 - 500 employees
Automotive
$25M - 100M in revenue
$1M - 10M in profitability
Sustainability Ranking
- Carbon emissions intensity (normalized by industry)
- Share of renewable electricity consumption (normalized by industry)
- Sustainability maturity
- Intent to leverage sustainability solutions
- Sustainability accreditations and certifications
The ranking takes into account all companies in illuminem's database. It leverages publicly available data as well as responses from the brief illuminem survey (please fill it out here for your company).
(Source: illuminem)
(Source: illuminem)
Sustainability MaturityⓈMaturity gauges how far along a company is on its sustainability journey. It takes into account various factors such as:
- Breadth and depth of sustainability strategy
- Investment in sustainability
- External stakeholder engagement on sustainability topics
- Disclosure, awareness and management of environmental performance
- Sustainability certifications, awards and memberships
The maturity rank is based on a company's overall maturity score compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher maturity result in a higher rank.
Companies at the early stage of their sustainability journey are usually just starting to recognize the importance of sustainability. Their goals are often compliance-driven, cost-saving, or reputation-based, rather than deeply integrated into their core business strategy. Example solutions include services to comply with regulations, compliance software, consulting services, energy management & efficiency to reduce cost, certifications etc.
Companies with high sustainability maturity have deeply integrated sustainability into their core strategy and view it as a competitive advantage. Sustainability is not just a compliance requirement but a business driver that aligns with long-term value creation. Example solutions include insetting & supply chain services, carbon neutrality solutions, circular economy models, innovations in sustainable products and services etc.
(Source: illuminem)
Beyond Top 100
Sustainability IntentⓈIntent evaluates a company's propensity to buy sustainability products and services in the near future. It takes into account various factors such as:- Expressed intent by relevant company employees to buy sustainability solutions (reported directly to illuminem)
- Previous company activity in buying relevant solutions (reported to illuminem or aggregated from global registries)
- News or public reports by the company signaling interest to buy relevant solutions
- Intensity and progress against sustainability targets or pledges (reported publicly by the company)
- Level of pressure on sustainability performance from relevant stakeholders (as reported by the company or estimated based on industry/geography)
The intent rank is based on a company's overall intent score compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher intent results in a higher rank.
(Source: illuminem)
See all
Carbon emissions
Electricity consumption
Carbon certificate projects
Targets
Other sustainability metrics
Carbon emissions
Industry rank: 13 out of 1327ⓈThe carbon emissions rank is based on a company's CO2 equivalent Scope 1 and 2 greenhouse gas emissions compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher emissions result in a lower rank.
Total CO2 emissions
(CO2e tons)
Industry rank: 13 out of 1327ⓈThe carbon emissions rank is based on a company's CO2 equivalent Scope 1 and 2 greenhouse gas emissions compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher emissions result in a lower rank.
Company actuals (net of offset)
Industry Benchmark
(adj. for company revenues)
Targets
| Target | Year | Value | Scope | Baseline |
|---|---|---|---|---|
| Interim emissions reductionⓈCompany sustainability report | 2030 | 42% | 1&2 | 2021 |
| Interim emissions reductionⓈCompany sustainability report | 2027 | 50% | 1 (company cars) | 2022 |
Progress against targets ⓈCompany sustainability report
CTEK has started reporting its climate footprint according to the Green House Gas Protocol Reporting Standard. The company has identified that its Scope 1 emissions come from company cars, and Scope 2 emissions are related to purchased heat and electricity for its offices. For Scope 3, CTEK is focusing on evaluating and analyzing the largest sources of emissions and plans to reduce them. The company has set a target to reduce Scope 1 emissions to under 12.5 tonnes CO2e and Scope 2 emissions by 50% by 2027, from a 2022 baseline. However, there is a risk that the carbon footprint cannot be adequately reduced due to external factors in the supply and logistics chain.
Other sustainability metrics
| Category | Description | Metric | Year | ||
|---|---|---|---|---|---|
| Social | Share of female employees | % | |||
Sustainability employees
2-3
ⓈThis value represents the estimated number of employees in a company with sustainability-related roles or job titles, as determined by Illuminem using publicly available data.Sustainability contactsⓘWe follow the strictest rules to ensure compliance with all the relevant data protection laws, including GDPR. Click here for our Privacy Policy.
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