Fortnox
Fortnox AB, headquartered in Sweden, is a leading player in the financial technology sector, specialising in cloud-based business solutions. Founded in 2001, the company has established itself as a pioneer in providing comprehensive software for accounting, invoicing, and payroll management, catering primarily to small and medium-sized enterprises across the Nordic region. With a commitment to innovation, Fortnox offers unique features such as seamless integration and user-friendly interfaces, setting it apart from competitors. The company has achieved significant milestones, including rapid growth in user adoption and recognition as a trusted partner for businesses seeking efficient financial management tools. As a market leader, Fortnox continues to enhance its offerings, solidifying its position in the ever-evolving landscape of digital finance solutions.
DitchCarbon Score
How does Fortnox'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 Computer Services 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
Fortnox's score of 35 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fortnox's reported carbon emissions
In 2023, Fortnox reported total carbon emissions of approximately 2,462,000 kg CO2e. This figure includes 27,000 kg CO2e from Scope 2 emissions and a significant 2,419,000 kg CO2e from Scope 3 emissions, which encompass areas such as purchased goods and services (1,618,000 kg CO2e) and business travel (317,000 kg CO2e). In 2022, the company's total emissions were about 376,000 kg CO2e, with Scope 2 emissions at 26,000 kg CO2e and Scope 3 emissions at 344,000 kg CO2e. The previous year, 2021, saw total emissions rise to approximately 1,083,000 kg CO2e, with no Scope 1 emissions reported and Scope 2 emissions at 14,000 kg CO2e. Fortnox's emissions have fluctuated significantly over the years, with a notable increase from 2022 to 2023. However, there are currently no disclosed reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company has not set specific science-based targets for emissions reduction, which is a growing expectation within the industry. Overall, Fortnox's emissions profile highlights the importance of addressing Scope 3 emissions, which represent the majority of their carbon footprint.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,000 | - | - | - |
| Scope 2 | 70,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 601,000 | 0,000,000 | 000,000 | 0,000,000 |
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.
Fortnox is not committed to any 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.
