Sustainability Data Hub TM
Garo Aktiebolag (publ) | Sustainability Performance
Garo Aktiebolag develops and manufactures electrical products and solutions, focusing on charging infrastructure and distribution systems, serving various sectors in the market.
1939
Sweden
501 - 1,000 employees
Electrical & Electronic Manufacturing
$100M - 500M in revenue
$1M - 10M in profitability
Sustainability Ranking & Industry Benchmark
#4017
OverallⓈThis is a simple, transparent and data-based ranking measuring the overall sustainability performance of a company. It takes into account the following factors:- 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).
#715
in SwedenⓈThis ranking uses the same criteria as the overall ranking but is limited to comparing the company with others in the same geography, based on its headquarters location, within Illuminem's database.(Source: illuminem)
#749
in ManufacturingⓈThis ranking uses the same criteria as the overall ranking but is limited to comparing the company with others in the same industry within Illuminem's database.(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)
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
Reporting
Renewable Electricity
Reveal data for 1 credit
81%ⓈCompany sustainability report2023
Industry rank: 164 out of 1758ⓈThe renewables rank is based on a company's share of renewable electricity (as a percentage of total electricity consumption) compared to other companies in the same industry (over 50 companies) within Illuminem's database.
Total electricity consumption
and % renewables
(MWh, % of consumption)
Industry rank: 164 out of 1758ⓈThe renewables rank is based on a company's share of renewable electricity (as a percentage of total electricity consumption) compared to other companies in the same industry (over 50 companies) within Illuminem's database.
Total electricity
Share of renewable electricity
Industry Benchmark
illustrative
Sustainability Targets and Commitments
| Target | Year | Value | Scope | Baseline |
|---|---|---|---|---|
| Net ZeroⓈCompany sustainability report | 2040 | 100% | 1&2&3 | - |
| Interim emissions reductionⓈCompany sustainability report | 2030 | 0.5 | 1&2&3 (value chain) | 2018 |
Progress against targets
ⓈCompany sustainability reportAs of the latest report, GARO has achieved 690 tons of CO2e emissions for Scope 1 and 2, with 81% of electricity in its own operations coming from fossil-free sources. The company has set a target to achieve a recycling level of over 98% by 2025, with a current recovery rate of 87%. These efforts are part of GARO's broader strategy to achieve climate neutrality by 2040, with interim goals such as transitioning to fossil-free electricity by 2025.
Sustainability employees
4-6
Ⓢ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
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