Formue
Formue, officially known as Formue AS, is a prominent financial services firm headquartered in Norway. Established in 2018, the company has rapidly gained recognition in the wealth management sector, focusing on providing tailored investment solutions and financial advisory services. With a strong operational presence across Scandinavia, Formue is dedicated to helping clients navigate complex financial landscapes. The firm’s core offerings include bespoke portfolio management and strategic financial planning, distinguished by a client-centric approach that prioritises individual needs. Formue has achieved notable milestones, including significant growth in assets under management and a reputation for innovative investment strategies. As a leader in the Nordic financial market, Formue continues to set benchmarks for excellence in wealth management, ensuring clients receive unparalleled service and expertise.
DitchCarbon Score
How does Formue'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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
Formue's score of 34 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Formue's reported carbon emissions
In 2022, Formue AS reported total carbon emissions of approximately 753,270 kg CO2e. This figure includes Scope 1 emissions of about 18,410 kg CO2e, Scope 2 emissions of around 115,620 kg CO2e, and significant Scope 3 emissions totalling approximately 619,250 kg CO2e. Notably, business travel accounted for about 320,810 kg CO2e, while purchased goods and services contributed approximately 297,530 kg CO2e. Formue is committed to achieving net-zero emissions across all scopes by 2050, with interim targets aligned with the Science Based Targets initiative (SBTi). As of 2022, their portfolio targets cover 46% of total investment and lending by assets under management, with required activities making up 46%, optional activities 49%, and out-of-scope activities 5%. Their near-term targets are set to align with a 1.5°C pathway, aiming for substantial reductions by 2027. Formue's climate strategy reflects a proactive approach to mitigating climate impact within the financial sector, based in Norway.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | |
|---|---|
| Scope 1 | 18,410 |
| Scope 2 | 115,620 |
| Scope 3 | 619,250 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Formue is committed to some reduction initiatives 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.
