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Public Profile
Computer Services
SE
updated 2 months ago

Foxway Sustainability Profile

Company website

Foxway, officially known as Foxway AB, is a leading provider of IT lifecycle management solutions, headquartered in Sweden (SE). Founded in 2014, the company has rapidly expanded its operations across Europe, establishing a strong presence in key markets such as Finland, Norway, and Denmark. Specialising in the refurbishment and resale of IT equipment, Foxway stands out for its commitment to sustainability and circular economy principles. Their core services include IT asset management, refurbishment, and leasing, ensuring that businesses can maximise the value of their technology investments while minimising environmental impact. With a focus on quality and reliability, Foxway has positioned itself as a trusted partner for organisations seeking efficient and eco-friendly IT solutions. The company’s notable achievements include significant growth in market share and recognition for its innovative approach to IT lifecycle management.

DitchCarbon Score

How does Foxway'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.

80

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.

31

Industry Benchmark

Foxway's score of 80 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

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Foxway's reported carbon emissions

In 2024, Foxway reported total carbon emissions of approximately 420,607,900 kg CO2e globally, with significant contributions from Scope 3 emissions, which accounted for about 420,287,400 kg CO2e. Scope 1 emissions were about 230,900 kg CO2e, while Scope 2 emissions totalled approximately 89,500 kg CO2e. In Sweden, where Foxway's headquarters is located, emissions were reported at about 29,404,000 kg CO2e, with Scope 1 at 40,000 kg CO2e, Scope 2 at 32,000 kg CO2e, and Scope 3 at approximately 29,332,000 kg CO2e. Foxway has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030 from a 2022 baseline, requiring a yearly reduction of about 6%. Additionally, the company has established a long-term goal to achieve a 90% reduction in Scope 1, 2, and 3 emissions by 2050, with the remaining 10% to be mitigated through carbon removal strategies. These targets reflect Foxway's commitment to sustainability and align with industry standards for climate action. The data reported is not cascaded from any parent organization, indicating that Foxway is independently managing its emissions and climate strategies.

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201920202021202220232024
Scope 1
-
-
-
000,000
000,000
000,000
Scope 2
-
-
-
000,000
000,000
00,000
Scope 3
-
-
-
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Foxway's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Foxway's primary industry is Computer Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Foxway's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Foxway is in SE, which has a very low grid carbon intensity relative to other regions.

Foxway's Scope 3 Categories Breakdown

Foxway's Scope 3 emissions, which decreased by 1% last year and increased by approximately 3% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 71% of Scope 3 emissions.

Top Scope 3 Categories

2024
Use of Sold Products
71%
Purchased Goods and Services
25%
Upstream Transportation & Distribution
3%
Employee Commuting
<1%
Business Travel
<1%
Capital Goods
<1%
Fuel and Energy Related Activities
<1%
End-of-Life Treatment of Sold Products
<1%
Waste Generated in Operations
<1%
Downstream Transportation & Distribution
<1%

Foxway's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Foxway has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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