Kinnevik

Kinnevik's reported carbon emissions

Kinnevik, headquartered in SE and operating within financial intermediation services, has reported its carbon emissions across various scopes. For the 2025 reporting year, Kinnevik's total emissions were approximately 452,700 kg CO2e. This comprised of Scope 1 emissions totalling about 10,700 kg CO2e, with mobile combustion contributing approximately 2,600 kg CO2e. Scope 2 emissions were reported at about 100 kg CO2e. The majority of their reported emissions fall under Scope 3, totalling approximately 439,000 kg CO2e. Within Scope 3, business travel accounted for approximately 311,200 kg CO2e, purchased goods and services for about 117,300 kg CO2e, and fuel and energy-related activities for around 5,100 kg CO2e. Employee commute contributed approximately 2,800 kg CO2e, and upstream leased assets were reported at 0.0 kg CO2e. In the 2024 reporting year, total emissions were approximately 427,900 kg CO2e. This included Scope 1 emissions of about 7,100 kg CO2e (with mobile combustion at approximately 1,700 kg CO2e), Scope 2 emissions of approximately 100 kg CO2e, and Scope 3 emissions of around 410,700 kg CO2e. For Scope 3, business travel was approximately 280,000 kg CO2e, purchased goods and services about 119,900 kg CO2e, and fuel and energy-related activities at approximately 6,700 kg CO2e. Employee commute was about 2,400 kg CO2e, and upstream leased assets were 0.0 kg CO2e. Kinnevik has established significant climate commitments. They aim for a 50% reduction in greenhouse gas emissions from their operations (Scope 1-3, excluding category 15 Investments) by 2030 and a 90% reduction by 2050, using 2019 as the base year. This is a net-zero target. Furthermore, Kinnevik is committed to reducing the greenhouse gas emission intensity in its portfolio by 50% by 2030, with 2020 as the base year, specifically for Scope 3 category 15 Investments. Reports indicate progress towards these targets, with some noted as being on track for the near and long term.