Public Profile

ADDvise Group AB (publ)

ADDvise Group AB (publ), headquartered in Sweden, is a prominent player in the healthcare and medical technology industry. Founded in 2006, the company has established itself as a leader in providing innovative solutions for the healthcare sector, focusing on areas such as medical equipment, laboratory services, and healthcare IT. With a strong presence in the Nordic region and expanding operations across Europe, ADDvise Group is renowned for its unique product offerings, which include advanced medical devices and tailored healthcare solutions. The company’s commitment to quality and innovation has earned it a solid market position, marked by strategic acquisitions and partnerships that enhance its service portfolio. ADDvise Group continues to drive advancements in healthcare, making significant contributions to improving patient outcomes and operational efficiency in medical facilities.

DitchCarbon Score

How does ADDvise Group AB (publ)'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.

37

Industry Average

Mean score of companies in the Medical Device Manufacturing 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.

22

Industry Benchmark

ADDvise Group AB (publ)'s score of 37 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

ADDvise Group AB (publ)'s reported carbon emissions

In 2023, ADDvise Group AB (publ) reported total carbon emissions of approximately 14,000,000 kg CO2e. This figure includes 280,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 560,000 kg CO2e from Scope 2 emissions, associated with purchased electricity. The majority of their emissions, about 13,160,000 kg CO2e, fall under Scope 3, which encompasses emissions from purchased goods and services. Comparatively, in 2022, the company recorded total emissions of approximately 22,000,000 kg CO2e, with Scope 1 emissions at 575,000 kg CO2e, Scope 2 at 385,000 kg CO2e, and Scope 3 at 21,561,000 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Despite these figures, ADDvise Group has not publicly committed to specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). The absence of defined climate pledges suggests a need for further development in their sustainability strategy. Overall, ADDvise Group's emissions profile highlights the importance of addressing Scope 3 emissions, which represent the largest portion of their carbon footprint.

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20222023
Scope 1
575,000
000,000
Scope 2
385,000
000,000
Scope 3
21,561,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. ADDvise Group AB (publ)'s primary industry is Medical, precision and optical instruments, watches and clocks (33), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. ADDvise Group AB (publ) is headquartered in SE, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

ADDvise Group AB (publ) 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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