Kinnevik

Kinnevik, a financial intermediation services company headquartered in Sweden, reported total carbon emissions of approximately 450,000 kg CO2e in 2025. This includes Scope 1 emissions of around 10,700 kg CO2e, Scope 2 emissions of about 100 kg CO2e, and Scope 3 emissions of approximately 439,000 kg CO2e. Key contributors to Scope 3 emissions in 2025 were business travel (311,200 kg CO2e) and purchased goods and services (117,300 kg CO2e).

Looking back, Kinnevik's total emissions fluctuated, with a total of approximately 417,900 kg CO2e in 2024 (Scope 1: 7,100 kg CO2e, Scope 2: 100 kg CO2e, Scope 3: 410,700 kg CO2e) and approximately 362,700 kg CO2e in 2023 (Scope 1: 4,400 kg CO2e, Scope 2: 4,800 kg CO2e, Scope 3: 353,500 kg CO2e). The company's total emissions in 2019 were approximately 510,300 kg CO2e, comprising Scope 1 emissions of 17,500 kg CO2e, Scope 2 emissions of 6,900 kg CO2e, and Scope 3 emissions of 485,900 kg CO2e.

Kinnevik has set a near-term net-zero target to reduce greenhouse gas emissions from its operations by 50% by 2030, using 2019 as a base year (covering Scope 1-3 excluding category 15 Investments). For the long term, the company aims for a 90% reduction by 2050 from the 2019 baseline across Scope 1-3 (excluding category 15 Investments). Additionally, Kinnevik targets a 50% reduction in greenhouse gas emission intensity in its portfolio by 2030, with 2020 as the base year (specifically for Scope 3, category 15 Investments). The company's progress towards its near-term operational targets (Scope 1 and 2) is reported as on track for both two-year and five-year periods as of the 2024 reporting year.