Kinnevik
Kinnevik AB, commonly referred to as Kinnevik, is a prominent investment company headquartered in Sweden (SE). Founded in 1936, Kinnevik has established itself as a key player in the digital consumer sector, focusing on areas such as e-commerce, telecommunications, and media. With a strong presence in Europe and North America, the company has successfully nurtured and invested in innovative businesses that drive growth and transformation. Kinnevik's portfolio includes notable brands in various industries, distinguished by their commitment to sustainability and digital advancement. The company has achieved significant milestones, including successful public listings and strategic partnerships, solidifying its market position as a leader in venture capital. Kinnevik continues to leverage its expertise to identify and support disruptive business models, making it a vital force in the investment landscape.
DitchCarbon Score
How does Kinnevik'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.
Industry Average
Mean score of companies in the Financial Intermediation 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.
Industry Benchmark
Kinnevik's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kinnevik's reported carbon emissions
In 2023, Kinnevik reported total carbon emissions of approximately 362,700 kg CO2e. This figure includes 4,400 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 4,800 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 353,500 kg CO2e, fall under Scope 3, which includes emissions from business travel (257,800 kg CO2e) and other indirect sources. Kinnevik's emissions have fluctuated over the years, with a notable decrease from 2019, when total emissions were approximately 510,300 kg CO2e, to 2023. However, there are no specific reduction targets or initiatives disclosed in their reports, indicating a lack of formal commitments to reduce emissions at this time. Overall, Kinnevik's emissions profile highlights the significant impact of business travel on their carbon footprint, while their lack of defined reduction targets suggests an opportunity for improvement in their climate commitments.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,000 | 00,000 | 0,000 | 00,000 | 00,000 | 0,000 | 0,000 | 0,000 | 0,000 |
| Scope 2 | - | - | - | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 | 000 |
| Scope 3 | 547,000 | 000,000 | 000,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kinnevik is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
