Public Profile

Kvd

Kvd, officially known as Kvd Cars, is a prominent player in the automotive industry, headquartered in Sweden (SE). Founded in 2011, the company has rapidly established itself as a leader in the online car sales market, revolutionising the way consumers buy and sell vehicles. With a strong operational presence across Sweden and other Nordic countries, Kvd offers a unique platform that simplifies the buying and selling process for both private individuals and businesses. Kvd's core services include online car auctions and a comprehensive vehicle inspection process, ensuring transparency and trust in every transaction. The company’s innovative approach has garnered significant market recognition, positioning it as a go-to solution for those seeking a hassle-free automotive experience. With a commitment to quality and customer satisfaction, Kvd continues to set benchmarks in the automotive sector.

DitchCarbon Score

How does Kvd'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.

16

Industry Average

Mean score of companies in the Motor Vehicle Manufacturing 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.

14

Industry Benchmark

Kvd's score of 16 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

Kvd's reported carbon emissions

In 2023, KVD of Sweden reported total greenhouse gas emissions of approximately 22,557,000 kg CO2e, comprising 22,557,000 kg CO2e from Scope 1, 502,000 kg CO2e from Scope 2, and 4,388,000 kg CO2e from Scope 3 emissions. This marks an increase from 2022, where emissions were about 17,640,000 kg CO2e for Scope 1, 309,000 kg CO2e for Scope 2, and 77,500 kg CO2e for Scope 3. KVD has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. This target has been validated through the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. The company is also committed to measuring and reducing its Scope 3 emissions, reflecting a comprehensive approach to tackling its overall carbon footprint.

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Add to project
20222023
Scope 1
17,640,000
00,000,000
Scope 2
309,000
000,000
Scope 3
77,500
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kvd's primary industry is Motor vehicles, trailers and semi-trailers (34), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Kvd is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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.

Kvd is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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