Avanza

Avanza, a Swedish financial intermediation services company, reported total greenhouse gas emissions of approximately 397,000 kg CO2e in 2024. This figure includes Scope 1 emissions of 0 kg CO2e, Scope 2 market-based emissions of 19,000 kg CO2e, and Scope 3 emissions of 374,000 kg CO2e. In 2023, the company's total emissions were approximately 494,000 kg CO2e, with Scope 1 at 0 kg CO2e, Scope 2 market-based at 27,000 kg CO2e, and Scope 3 at 463,000 kg CO2e. Looking back to 2022, total emissions stood at about 300,000 kg CO2e (Scope 1: 0 kg CO2e, Scope 2 market-based: 20,000 kg CO2e, Scope 3: 276,000 kg CO2e). In 2021, Avanza's total emissions were approximately 598,000 kg CO2e, comprising 0 kg CO2e from Scope 1, 27,000 kg CO2e from Scope 2 market-based, and 566,000 kg CO2e from Scope 3.

Avanza is committed to climate action, with Science Based Targets initiative (SBTi) commitments. The company has set near-term targets classified as 1.5°C, with a target year of 2030, and is committed to net-zero. Avanza Bank Holding AB's portfolio targets cover 11% of its total investment and lending activities by total balance sheet assets as of 2021. The targets covering greenhouse gas emissions from company operations (Scopes 1 and 2) are consistent with reductions required to keep warming to 1.5°C.