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 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Preem's reported carbon emissions
In 2023, Preem reported total carbon emissions of approximately 46,393,340,000 kg CO2e, comprising 2,056,000,000 kg CO2e from Scope 1, 14,700,000 kg CO2e from Scope 2, and 43,933,340,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to transparency in their emissions reporting, covering all three scopes. Over the years, Preem has demonstrated a significant focus on reducing its carbon footprint. For instance, in 2022, the company recorded Scope 1 emissions of 1,971,000,000 kg CO2e, which indicates a slight increase in emissions in 2023. However, the company has not set specific reduction targets or initiatives as part of its climate commitments, nor has it engaged with the Science Based Targets initiative (SBTi) for formal reduction targets. Preem's emissions data highlights the substantial impact of Scope 3 emissions, which account for the majority of their total emissions. This underscores the importance of addressing upstream and downstream activities in their sustainability strategy. As a leading player in the energy sector based in Sweden, Preem's ongoing efforts to monitor and report emissions are crucial for aligning with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 committed to any 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.
