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Preem, officially known as Preem AB, is a leading player in the insurance and pension funding services sector, headquartered in Sweden (SE). Established in the early 1990s, the company has made significant strides in providing innovative solutions tailored to the needs of its clients across various regions in Sweden.
Specialising in non-compulsory social security services, Preem offers a range of products including life insurance, pension plans, and investment services. What sets Preem apart is its commitment to sustainability and customer-centric solutions, ensuring that clients receive personalised support in managing their financial futures.
With a strong market position, Preem has garnered recognition for its robust financial performance and dedication to responsible investment practices, making it a trusted name in the industry.
+11 vs industry average
Preem’s score of 50 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Preem, headquartered in Sweden, reported total emissions of approximately 52.56 billion kg CO2e in 2024. This includes Scope 1 emissions of about 1.94 billion kg CO2e, Scope 2 emissions (market-based) of approximately 22.6 million kg CO2e, and Scope 3 emissions, which include categories like business travel (approximately 1.15 million kg CO2e), purchased goods and services (about 3.92 billion kg CO2e), and upstream transportation and distribution (approximately 400,000 kg CO2e). In 2023, Preem's total emissions were approximately 53.25 billion kg CO2e.
Preem has set ambitious climate commitments. The company aims to reduce its direct greenhouse gas (Scope 1) emissions by 50% by 2030, using 2018 as a baseline year. Furthermore, Preem has a long-term net-zero target, based on the Science Based Targets Net-Zero standard, to reduce at least 90% of emissions across its entire value chain by 2035, also from a 2018 baseline. This commitment covers all scopes of emissions. Preem's emissions data and reduction targets are directly reported by Preem AB (publ).
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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