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 47 is higher than 65% 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 2024, Preem reported total carbon emissions of approximately 52,563,000,000 kg CO2e, a slight decrease from about 53,249,000,000 kg CO2e in 2023. The emissions breakdown for 2024 includes Scope 1 emissions of about 1,942,000,000 kg CO2e, Scope 2 emissions of approximately 22,600,000 kg CO2e (market-based), and Scope 3 emissions totalling around 3,924,000,000 kg CO2e, which includes business travel and purchased goods and services. Preem has set ambitious climate commitments, aiming to reduce its direct greenhouse gas emissions (Scope 1) by 50% by 2030, based on 2018 levels. Furthermore, the company is committed to achieving climate neutrality by 2035, which involves a reduction of at least 90% of emissions across all scopes from the same base year. The emissions data is cascaded from Preem AB (publ), reflecting the company's corporate family relationship. Preem's initiatives align with industry standards, including the Science Based Targets Net-Zero standard, demonstrating a proactive approach to addressing climate change and reducing its carbon footprint.
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| 2018 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,161,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 150,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 50,177,000,000 | 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.
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.
