Kährs BondCo AB (publ)

Kährs BondCo AB (publ), headquartered in Sweden, reported Scope 1 emissions of 899,000 kg CO2e and Scope 2 emissions (market-based) of 1,700,000 kg CO2e in 2023. This is a reduction from 2022, where Scope 1 emissions were 1,159,000 kg CO2e and Scope 2 (market-based) were 2,860,000 kg CO2e. In 2021, the company's Scope 1 emissions were 1,903,000 kg CO2e and Scope 2 emissions (market-based) were 10,325,000 kg CO2e. For 2020, Scope 1 emissions were 2,658,000 kg CO2e and Scope 2 emissions (market-based) were 8,706,000 kg CO2e. Emissions data for 2018 also shows Scope 1 emissions from mobile combustion at 14,830,000 kg CO2e, alongside Scope 3 emissions including 9,600,000 kg CO2e from upstream transportation and distribution and 3,960,000 kg CO2e from downstream transportation and distribution.

Kährs BondCo AB (publ) has set ambitious Science Based Targets initiative (SBTi) commitments, cascaded from Kährs Group. The company commits to reaching net-zero greenhouse gas emissions across its value chain by 2040. Near-term targets include a 95% absolute reduction in Scope 1 and 2 GHG emissions by 2030 from a 2020 base year. Additionally, Kährs Group aims to increase active annual sourcing of renewable electricity to 100% by 2030, up from 74.5% in 2022. The company also commits to reducing Scope 3 GHG emissions by 42% by 2030 from a 2020 base year. Long-term targets include maintaining a minimum of 95% absolute Scope 1 and 2 GHG emissions from 2030 through 2040 from a 2020 base year, and a 90% reduction in Scope 3 GHG emissions by 2040 from a 2020 base year. Furthermore, Kährs Group targets a 72% absolute reduction in Scope 3 FLAG GHG emissions by 2040 from a 2020 base year and commits to no deforestation across its primary deforestation-linked commodities by 2025.