Preem

Preem, based in SE and operating in the Insurance and pension funding services industry, reported total carbon emissions of approximately 52.56 billion kg CO2e in 2024. This includes Scope 1 emissions of about 1.94 billion kg CO2e, Scope 2 market-based emissions of approximately 22.6 million kg CO2e, and Scope 3 emissions, which notably included roughly 3.92 billion kg CO2e from purchased goods and services, about 1.15 million kg CO2e from business travel, and around 400,000 kg CO2e from upstream transportation and distribution.

In 2023, Preem's total emissions were approximately 53.25 billion kg CO2e. This comprised Scope 1 emissions of around 2.06 billion kg CO2e, Scope 2 market-based emissions of about 30.9 million kg CO2e, and Scope 3 emissions including approximately 2.94 billion kg CO2e from purchased goods and services, about 340,000 kg CO2e from business travel, and roughly 10 million kg CO2e from upstream transportation and distribution.

Preem has set ambitious climate commitments, aiming to reduce its direct greenhouse gas (Scope 1) emissions by 50 percent by 2030, using 2018 as the base year. Furthermore, the company defines climate neutrality in line with the Science Based Targets Net-Zero standard, which involves a reduction of at least 90 percent of emissions across its entire value chain by 2035, also from a 2018 baseline. Preem's emissions data and commitments are directly reported by Preem AB (publ).