Folksam

Folksam's reported carbon emissions

Folksam, a Swedish insurance and pension funding services provider, is committed to climate action, with a significant portion of its emissions attributed to Scope 3 activities. **Carbon Emissions Overview:** * **2025:** Folksam reported total emissions of approximately 314,846,000 kg CO2e. Scope 1 emissions were approximately 23,639,000 kg CO2e, Scope 2 emissions (market-based) were about 144,333,000 kg CO2e, and Scope 3 emissions reached approximately 146,874,000 kg CO2e. * **2024:** Total emissions for 2024 were approximately 280,575,000 kg CO2e. This comprised about 20,485,000 kg CO2e for Scope 1, approximately 133,014,000 kg CO2e for Scope 2 (market-based), and around 120,415,000 kg CO2e for Scope 3. * **2023:** Folksam's emissions for 2023 amounted to approximately 119,591,863,000 kg CO2e. This breakdown includes Scope 1 emissions of roughly 5,878,446,000 kg CO2e, Scope 2 emissions at approximately 2,740,535,000 kg CO2e, and Scope 3 emissions totalling about 113,723,063,000 kg CO2e. * **2022:** Total emissions in 2022 were approximately 96,205,626,000 kg CO2e, with Scope 1 at about 6,634,857,000 kg CO2e, Scope 2 at roughly 2,818,679,000 kg CO2e, and Scope 3 emissions amounting to approximately 93,370,764,000 kg CO2e. * **2021:** Folksam reported total emissions of approximately 666,105,000 kg CO2e. Scope 1 emissions were around 186,000 kg CO2e, Scope 2 emissions were approximately 283,000 kg CO2e, and Scope 3 emissions stood at about 665,624,000 kg CO2e. * **2020:** Total emissions for 2020 were approximately 659,734,000 kg CO2e, with Scope 1 at about 210,000 kg CO2e, Scope 2 at roughly 307,000 kg CO2e, and Scope 3 emissions totalling around 659,424,000 kg CO2e. * **2019:** Total emissions reached approximately 810,493,000 kg CO2e. * **2018:** Folksam's emissions in 2018 were approximately 944,430,000 kg CO2e, comprising Scope 1 at about 532,000 kg CO2e, Scope 2 at approximately 483,000 kg CO2e, and Scope 3 at around 948,894,000 kg CO2e. * **2017:** Scope 1 emissions were approximately 539,000 kg CO2e, Scope 2 emissions about 544,000 kg CO2e, and Scope 3 emissions were around 1,144,444,700 kg CO2e. * **2016:** Total emissions were approximately 1,438,000 kg CO2e, with Scope 1 at about 627,000 kg CO2e and Scope 2 at roughly 811,000 kg CO2e. Scope 3 emissions were approximately 4,792,000 kg CO2e. * **2015:** Total emissions were approximately 1,325,000 kg CO2e, with Scope 1 at about 654,000 kg CO2e and Scope 2 at roughly 671,000 kg CO2e. Scope 3 emissions were approximately 4,575,000 kg CO2e. * **2013:** Scope 1 emissions were reported as approximately 1,800,000,000 kg CO2e, with a total emissions figure of 855,000,000 kg CO2e for that year. **Climate Commitments and Initiatives:** Folksam's reporting indicates a commitment to understanding and managing its carbon footprint. The company's Scope 3 emissions, particularly those related to investments and downstream leased assets, represent a substantial portion of its overall impact. While specific reduction targets and SBTi commitments were not detailed in the provided data, Folksam does provide intensity metrics for revenue and asset values, aiming to link its environmental performance to its business operations. The company has also provided documentation on its sustainability efforts, including its annual sustainability reports.