Preem
Preem AB, commonly referred to as Preem, is a leading player in the Swedish energy sector, headquartered in Stockholm, Sweden. Founded in 1994, the company has established itself as a key provider of refined petroleum products and biofuels, primarily serving the Nordic region. Preem's core offerings include high-quality fuels, lubricants, and renewable energy solutions, distinguished by their commitment to sustainability and innovation. The company has made significant strides in reducing carbon emissions and enhancing energy efficiency, positioning itself as a pioneer in the transition to greener energy sources. With a robust market presence, Preem has achieved notable milestones, including the development of Sweden's largest refinery and a strong focus on circular economy principles. As a result, Preem continues to play a vital role in shaping the future of energy in Sweden and beyond.
DitchCarbon Score
How does Preem'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 Insurance 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
Preem's score of 35 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Preem's reported carbon emissions
In 2023, Preem reported total carbon emissions of approximately 46,393,340,000 kg CO2e, with Scope 1 emissions at about 2,056,000,000 kg CO2e and Scope 2 emissions at approximately 14,700,000 kg CO2e. The majority of their emissions fall under Scope 3, which accounted for about 44,633,340,000 kg CO2e. In 2022, Preem's total emissions were around 46,003,620,000 kg CO2e, with Scope 1 emissions of about 1,971,000,000 kg CO2e and Scope 2 emissions of approximately 10,400,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Preem's emissions data indicates a focus on managing and reporting emissions across all three scopes, reflecting an awareness of the broader impact of their operations on climate change. Overall, Preem's emissions data highlights the significant challenges they face in reducing their carbon footprint, particularly in Scope 3 emissions, which represent the largest portion of their total emissions.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,064,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 140,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 47,721,050,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Preem 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.
