Kinnevik

Kinnevik, a Swedish financial intermediation services company, reported total carbon emissions of approximately 450,000 kg CO2e in 2025. This includes about 10,700 kg CO2e from Scope 1, 100 kg CO2e from Scope 2, and 439,000 kg CO2e from Scope 3 emissions. A significant portion of their Scope 3 emissions, approximately 311,200 kg CO2e, was attributed to business travel.

For 2024, Kinnevik's total carbon emissions were around 417,900 kg CO2e, with Scope 1 at 7,100 kg CO2e, Scope 2 at 100 kg CO2e, and Scope 3 at 410,700 kg CO2e. Business travel accounted for approximately 280,000 kg CO2e of their Scope 3 emissions in 2024.

Looking back to 2019, their base year for reduction targets, Kinnevik's total emissions were approximately 510,300 kg CO2e, comprising 17,500 kg CO2e (Scope 1), 6,900 kg CO2e (Scope 2), and 485,900 kg CO2e (Scope 3).

Kinnevik has set ambitious climate commitments, aiming for a 50% reduction in greenhouse gas emissions from its operations by 2030 and a 90% reduction by 2050, using 2019 as the baseline year. These targets cover Scope 1, 2, and 3 emissions, excluding category 15 Investments. Additionally, Kinnevik plans to reduce the greenhouse gas emission intensity in its portfolio (Scope 3, category 15 Investments) by 50% by 2030, using 2020 as the base year.