EQT AB (publ), a leading global investment firm headquartered in Stockholm, Sweden, has established itself as a prominent player in the private equity and infrastructure sectors. Founded in 1994, EQT has expanded its operations across Europe, North America, and Asia, focusing on sectors such as technology, healthcare, and renewable energy. The firm is renowned for its unique approach to value creation, leveraging deep industry expertise and a strong network to drive growth in its portfolio companies. EQT's commitment to sustainability and responsible investing further distinguishes it in the competitive landscape. With a robust track record of successful investments and notable achievements, EQT continues to solidify its market position as a trusted partner for investors and businesses alike.
How does EQT 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.
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.
EQT AB (publ)'s score of 52 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, EQT AB (publ) reported total carbon emissions of approximately 24,340,000 kg CO2e. This figure includes Scope 1 emissions of about 36,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 397,000 kg CO2e from purchased heat. The majority of their emissions, around 23,907,000 kg CO2e, fall under Scope 3, specifically from business travel. Comparatively, in 2022, EQT's total emissions were about 18,189,000 kg CO2e, with Scope 1 emissions at 94,000 kg CO2e and Scope 2 emissions at approximately 264,000 kg CO2e. The Scope 3 emissions for that year were around 17,831,000 kg CO2e, indicating a significant reliance on business travel for their carbon footprint. EQT has set ambitious reduction targets, aiming for a 36% absolute reduction in Scope 1 and 2 emissions by 2027, based on a 2019 baseline. Furthermore, they plan to achieve a 42% reduction in these emissions by 2030. Additionally, EQT is committed to supporting its portfolio companies in aligning with 1.5°C decarbonisation plans by 2040. The company has also committed to achieving Science-Based Targets (SBTs) across its listed and private equity and real estate portfolios by 2030, covering 98% of its total investment and lending activities as of December 31, 2020. This commitment reflects their alignment with industry standards for reducing greenhouse gas emissions and addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 128,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | 277,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 12,593,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
EQT AB (publ) is participating in some of the initiatives that 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.