Latour, officially known as Investment AB Latour, is a prominent investment company headquartered in Sweden (SE). Founded in 1906, Latour has established itself as a key player in the investment sector, focusing on long-term ownership of companies in various industries, including technology, manufacturing, and consumer goods. With a diverse portfolio that includes notable subsidiaries, Latour is recognised for its strategic investments and operational excellence. The company’s unique approach combines active management with a commitment to sustainable growth, setting it apart in the competitive investment landscape. Latour's market position is bolstered by its impressive track record of successful investments and a reputation for fostering innovation within its portfolio companies. As a leader in the investment industry, Latour continues to shape the future of its operational regions, primarily across Scandinavia and Europe.
How does Latour'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.
Mean score of companies in the Financial Intermediation 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.
Latour's score of 76 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Latour reported total carbon emissions of approximately 5,712,303,000 kg CO2e, with Scope 1 emissions at about 11,798,000 kg CO2e, Scope 2 emissions (market-based) at approximately 4,935,000 kg CO2e, and a significant Scope 3 contribution of about 5,695,570,000 kg CO2e. This represents a notable increase from 2023, where total emissions were approximately 2,540,599,892 kg CO2e, with Scope 1 at about 11,575,000 kg CO2e, Scope 2 at approximately 7,454,000 kg CO2e, and Scope 3 emissions from business travel, employee commute, and purchased goods and services contributing to a total of about 96,000 kg CO2e, 8,000 kg CO2e, and 431,000 kg CO2e respectively. Latour has set ambitious climate commitments, aiming for a 40% reduction in Scope 1 and 2 emissions by 2030, using 2022 as the base year. Additionally, they target a 20% reduction in Scope 3 emissions by the same year. Furthermore, Latour mandates that all its holdings must commit to Science Based Targets initiative (SBTi) validated targets by 2025. Long-term goals include a 58.8% reduction in Scope 1 and 2 emissions by 2034 and a 90% reduction across all scopes by 2050, aligning with net-zero commitments. The emissions data and targets are cascaded from the parent company, Investment AB Latour (publ), ensuring a unified approach to sustainability across its corporate family.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 10 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 8,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 190,000 | 0,000,000,000 | 000,000 | 0,000,000,000 |
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.
Latour 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.