Arxada

Arxada, headquartered in Switzerland (CH), in the Financial intermediation services, except insurance and pension funding services (65) sector, reported its latest carbon emissions data for 2024. In 2024, the company's total emissions were approximately 1.79 billion kg CO2e, comprising about 169.84 million kg CO2e in Scope 1 emissions and approximately 155.28 million kg CO2e in market-based Scope 2 emissions. This marks a decrease from 2023, where total emissions were about 2.26 billion kg CO2e, with Scope 1 emissions at approximately 190.87 million kg CO2e and market-based Scope 2 emissions at about 155.45 million kg CO2e. In 2022, total emissions stood at roughly 2.61 billion kg CO2e, including approximately 181.14 million kg CO2e in Scope 1 and about 163.05 million kg CO2e in market-based Scope 2. For 2021, the company reported total emissions of approximately 2.55 billion kg CO2e, with Scope 1 emissions at about 658.22 million kg CO2e and market-based Scope 2 emissions at roughly 168.22 million kg CO2e. Scope 3 emissions data was not disclosed for these years.

Arxada has established robust climate commitments, with Science Based Targets initiative (SBTi) validated goals. The company aims to achieve net-zero GHG emissions across its entire value chain by 2050. As part of its near-term targets, Arxada commits to an absolute reduction of Scope 1 and Scope 2 GHG emissions by 50% by 2030, using a 2021 base year. Additionally, the company targets a 28% absolute reduction in Scope 3 GHG emissions within the same timeframe. For its long-term targets, Arxada is committed to reducing absolute Scope 1, Scope 2, and Scope 3 GHG emissions by 90% by 2050 from a 2021 base year.