OKQ8
OKQ8, officially known as OKQ8 AB, is a prominent player in the Swedish fuel and convenience store industry, headquartered in Sweden. Founded in 1984, the company has established a strong presence across the Nordic region, particularly in Sweden, where it operates numerous service stations and convenience stores. Specialising in fuel distribution, car services, and retail offerings, OKQ8 distinguishes itself through its commitment to sustainability and customer service. The company provides a range of high-quality fuels, including renewable options, alongside a variety of convenience products that cater to the needs of modern consumers. With a significant market share and a reputation for reliability, OKQ8 has achieved notable milestones, including the expansion of its service network and the introduction of innovative services. This positions OKQ8 as a leader in the industry, dedicated to meeting the evolving demands of its customers while promoting environmentally friendly practices.
DitchCarbon Score
How does OKQ8'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 Business Services 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
OKQ8's score of 58 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OKQ8's reported carbon emissions
In 2024, OKQ8 reported total carbon emissions of approximately 9,743,973,000 kg CO2e, with emissions distributed across all three scopes: 705,000 kg CO2e (Scope 1), 5,052,000 kg CO2e (Scope 2), and a significant 9,738,216,000 kg CO2e (Scope 3). In 2023, their total emissions were about 8,480,162,000 kg CO2e, indicating a trend in high emissions primarily driven by Scope 3 activities, which include the use of sold products and upstream transportation. OKQ8 has set ambitious climate commitments, aiming to reduce Scope 1 and Scope 2 emissions by a minimum of 90% by the year 2025-26. Furthermore, they have established a long-term net zero target, intending to achieve a 90% reduction in emissions across all scopes by 2035. These initiatives reflect OKQ8's commitment to addressing climate change and reducing their carbon footprint significantly. The company’s emissions intensity is reported at 1,000 kg CO2e per million SEK in revenue, highlighting the need for ongoing efforts to decouple growth from carbon emissions. As they work towards these targets, OKQ8 is positioned to play a crucial role in the transition to a low-carbon economy.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,048,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 17,692,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | 33,761,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
OKQ8 is not participating in any of the initiatives that 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.
