Serena Capital

Serena Capital's reported carbon emissions

Serena Capital, a financial intermediation services company headquartered in the US, has disclosed its carbon emissions for several years. For **2023**, Serena Capital reported total emissions of approximately **9.63 billion kg CO2e**. This figure comprises: * **Scope 1 emissions:** Approximately **137,000 kg CO2e**. * **Scope 2 emissions:** Approximately **341,000 kg CO2e**. * **Scope 3 emissions:** Approximately **7.29 billion kg CO2e**, with purchased goods and services accounting for about 4.22 billion kg CO2e. In **2022**, the company's total emissions were approximately **9.22 billion kg CO2e**. This included: * **Scope 1 emissions:** Approximately **165,000 kg CO2e**. * **Scope 2 emissions:** Approximately **394,000 kg CO2e**. * **Scope 3 emissions:** Approximately **3.19 billion kg CO2e**, of which purchased goods and services were approximately 2.70 billion kg CO2e. For **2021**, Serena Capital disclosed Scope 3 emissions of approximately **3.47 billion kg CO2e**, with purchased goods and services making up about 1.89 billion kg CO2e. Scope 1 and Scope 2 data were not explicitly reported for this year. In **2019**, the total emissions were approximately **3.47 billion kg CO2e**, with Scope 1 emissions at about 74,000 kg CO2e, Scope 2 emissions at approximately 475,000 kg CO2e, and Scope 3 emissions at approximately 5.27 billion kg CO2e. Serena Capital demonstrates a commitment to carbon neutrality. NextEnergy Group, which appears to be a related entity or reference point in the provided documents, achieved carbon neutrality in **2022**. They offset their Scope 1, 2, and 3 emissions for both 2022 and 2023 by purchasing credits from projects. Additionally, there are reduction targets mentioned for energy improvement measures within hotels, aiming for a 25% reduction in annual energy consumption (4,300 MWh/year), which is expected to result in a reduction of 1,100 tonnes of CO2 per year. These targets were set for the period between 2022 and 2023.