Folksam

Folksam, a Swedish provider of insurance and pension funding services, reported approximately 314.8 million kg CO2e in total gross emissions for 2025. This includes about 23.6 million kg CO2e from Scope 1, approximately 144.3 million kg CO2e from Scope 2 (market-based), and around 146.9 million kg CO2e from Scope 3 emissions. Key contributors to their Scope 3 emissions in 2025 were downstream leased assets (approximately 103.2 million kg CO2e), capital goods (about 19.1 million kg CO2e), and purchased goods and services (approximately 15.9 million kg CO2e).

In 2024, Folksam's total gross emissions were about 280.6 million kg CO2e, with Scope 1 emissions at approximately 20.5 million kg CO2e, Scope 2 (market-based) at around 133 million kg CO2e, and Scope 3 at about 120.4 million kg CO2e, primarily driven by downstream leased assets.

For 2023, Folksam reported Scope 1 emissions of approximately 5.9 billion kg CO2e, Scope 2 emissions of about 2.7 billion kg CO2e, and Scope 3 emissions of around 113.7 billion kg CO2e. In 2022, their Scope 1 emissions were approximately 6.6 billion kg CO2e, Scope 2 emissions were about 2.8 billion kg CO2e, and Scope 3 emissions stood at around 93.4 billion kg CO2e.

Looking further back, in 2021, Folksam's Scope 1 emissions were approximately 186,000 kg CO2e, Scope 2 emissions were about 283,000 kg CO2e, and Scope 3 emissions were around 665.6 million kg CO2e. In 2020, total gross emissions were about 655.6 million kg CO2e, with Scope 1 emissions at approximately 210,000 kg CO2e, Scope 2 emissions at around 307,000 kg CO2e, and Scope 3 emissions at about 659.4 million kg CO2e.

In 2019, Folksam's total gross emissions were approximately 810.5 million kg CO2e. For 2018, total gross emissions were about 944.4 million kg CO2e, comprising approximately 532,000 kg CO2e from Scope 1, around 483,000 kg CO2e from Scope 2, and about 948.9 million kg CO2e from Scope 3.

In 2017, Folksam reported Scope 1 emissions of approximately 539,000 kg CO2e, Scope 2 emissions of about 544,000 kg CO2e, and Scope 3 emissions which included approximately 1.1 billion kg CO2e from investments and about 1.1 million kg CO2e from business travel.

For 2016, Scope 1 emissions were approximately 627,000 kg CO2e, Scope 2 emissions were about 811,000 kg CO2e, and Scope 3 emissions were around 4.8 million kg CO2e. In 2015, Scope 1 emissions were approximately 654,000 kg CO2e, Scope 2 emissions were about 671,000 kg CO2e, and Scope 3 emissions were around 4.6 million kg CO2e.

In 2013, Folksam's total gross emissions were about 855 million kg CO2e, with Scope 1 emissions at approximately 1.8 billion kg CO2e. For 2012, total gross emissions were approximately 962 million kg CO2e, including about 3.4 billion kg CO2e from Scope 1 emissions. Folksam has not disclosed specific reduction targets through formal initiatives such as the Science Based Targets initiative (SBTi) or The Climate Pledge.