Advania

Advania's reported carbon emissions

In 2024, Advania reported total carbon emissions of approximately 94.9 million kg CO2e, comprising 57,000 kg CO2e from Scope 1, 4,028,000 kg CO2e from Scope 2, and 90,356,000 kg CO2e from Scope 3 emissions. This represents a significant reduction from 2023, where total emissions were approximately 119.7 million kg CO2e, with Scope 1 emissions at 488,000 kg CO2e, Scope 2 at 2,621,000 kg CO2e, and Scope 3 at 116,569,000 kg CO2e. Advania has set ambitious climate commitments, including a target to reduce Scope 1 and 2 emissions by 50% by 2030, using 2019 as the base year for its Swedish operations and 2021 for its Icelandic operations. Additionally, Advania Iceland aims to reduce Scope 3 emissions by 52% per ISK value added by 2030, also based on 2021 figures. Furthermore, Advania Norway has committed to a 50% reduction in GHG emissions across all scopes by 2030, relative to a 2023 baseline. The company is also committed to achieving net-zero emissions by 2050, as part of its long-term sustainability strategy. These targets reflect Advania's dedication to addressing climate change and reducing its overall carbon footprint.