Kährs BondCo AB (publ)

Kährs BondCo AB (publ), an organisation within the "Other business services (74)" industry based in Sweden (SE), has reported its carbon emissions and set ambitious climate commitments.

Carbon Emissions Data:

• 2022: Total Scope 1 emissions were approximately 1,329,000 kg CO2e. Scope 2 emissions, using the market-based method, were approximately 2,859,000 kg CO2e, and using the location-based method, were approximately 10,539,000 kg CO2e. Scope 3 emissions data were not disclosed for this year.
• 2021: Scope 1 emissions amounted to approximately 1,903,000 kg CO2e. Scope 2 emissions were approximately 10,325,000 kg CO2e (market-based) and 12,989,000 kg CO2e (location-based). Scope 3 emissions were not disclosed.
• 2020: Scope 1 emissions were approximately 2,658,000 kg CO2e. Scope 2 emissions were reported as approximately 8,706,000 kg CO2e (market-based) and 11,474,000 kg CO2e (location-based). Scope 3 emissions were not disclosed.
• 2018: Scope 1 emissions included approximately 14,830,000 kg CO2e from mobile combustion. Scope 3 emissions reported for this year included approximately 9,600,000 kg CO2e for upstream transportation and distribution, and 3,960,000 kg CO2e for downstream transportation and distribution. Scope 2 data was not available for 2018.

Climate Commitments and Reduction Targets:

Kährs BondCo AB (publ) has made significant climate commitments, aligning with Science Based Targets initiative (SBTi) guidelines:

• Net-Zero Target: The company commits to achieving net-zero greenhouse gas emissions across its value chain by 2040.
• Near-Term Targets (by 2030):
  • A 95% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions compared to a 2020 baseline year.
  • An increase in the sourcing of renewable electricity from 74.5% in 2022 to 100% by 2030.
  • A 42% reduction in Scope 3 GHG emissions compared to a 2020 baseline year.
• Long-Term Targets (by 2040):
  • To maintain a minimum of 95% reduction in absolute Scope 1 and 2 GHG emissions from 2030 through 2040, relative to the 2020 baseline.
  • A 90% reduction in Scope 3 GHG emissions compared to a 2020 baseline year.
• Forest Land and Agriculture (FLAG) Targets:
  • A 30.3% reduction in absolute Scope 3 FLAG GHG emissions by 2030 from a 2020 baseline.
  • Commitment to no deforestation across its primary deforestation-linked commodities with a target date of 2025.
  • A 72% reduction in absolute Scope 3 FLAG GHG emissions by 2040 from a 2020 base year.

These targets indicate a strong commitment to decarbonisation across all emission scopes, aiming for significant reductions aligned with the 1.5°C warming limit.