Norvestor, officially known as Norvestor Equity, is a prominent private equity firm headquartered in Norway. Established in 1997, the firm has built a strong reputation in the Nordic region, focusing on investments across various sectors, including technology, healthcare, and consumer goods. With a commitment to fostering growth in its portfolio companies, Norvestor offers a unique blend of strategic guidance and operational expertise. The firm is recognised for its ability to identify and nurture high-potential businesses, positioning itself as a leader in the private equity landscape. Notable achievements include a series of successful exits and a robust track record of delivering value to investors. Norvestor continues to play a pivotal role in shaping the future of the Nordic investment scene, leveraging its extensive network and industry knowledge.
How does Norvestor'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.
Norvestor's score of 33 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Norvestor reported total carbon emissions of approximately 313,616,400 kg CO2e, with Scope 1 emissions at about 12,038,700 kg CO2e, Scope 2 emissions at around 8,496,700 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 293,081,000 kg CO2e. This marked an increase from 2022, where total emissions were about 188,758,400 kg CO2e. In previous years, Norvestor's emissions varied significantly. In 2017, total emissions were approximately 8,700,000 kg CO2e, with Scope 1 emissions at about 7,000,000 kg CO2e, Scope 2 at around 700,000 kg CO2e, and Scope 3 at about 1,000,000 kg CO2e. By 2018, total emissions rose to approximately 11,700,000 kg CO2e, with Scope 1 emissions increasing to about 8,600,000 kg CO2e, Scope 2 at around 1,100,000 kg CO2e, and Scope 3 at about 2,000,000 kg CO2e. Notably, from 2019 to 2021, Norvestor reported zero emissions across all scopes, indicating a potential shift in reporting or operational changes during those years. In 2022, the company faced a substantial increase in emissions, particularly in Scope 3, which accounted for the majority of their carbon footprint. Despite these figures, Norvestor has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor its emissions across all scopes, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 7,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Scope 2 | 700,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 1,000,000 | 0,000,000 | 000,000,000 | 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.
Norvestor is not committed to any reduction initiatives 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.