Svca
Svca, officially known as the Swedish Venture Capital Association, is headquartered in Sweden (SE) and operates primarily within the Nordic region. Founded in 1985, Svca has established itself as a pivotal player in the venture capital industry, advocating for the interests of its members and promoting the growth of the venture capital ecosystem. The association focuses on key areas such as investment promotion, industry networking, and policy advocacy, providing invaluable resources to venture capital firms and startups alike. Svca's unique position as a representative body allows it to influence industry standards and practices, fostering innovation and entrepreneurship across Sweden and beyond. With a commitment to enhancing the venture capital landscape, Svca has achieved notable milestones, including the establishment of various initiatives aimed at increasing investment in emerging technologies and sustainable businesses. Its reputation as a trusted authority in the industry solidifies its market position and underscores its dedication to supporting the growth of the venture capital community.
DitchCarbon Score
How does Svca'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 Services Auxiliary to Financial Intermediation 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
Svca's score of 31 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Svca's reported carbon emissions
In 2022, Svca reported an emissions intensity of approximately 0.00065 tCO2e per million SEK in net sales, reflecting their commitment to monitoring and reducing carbon emissions. The previous year, 2021, showed a lower emissions intensity of about 0.00034 tCO2e per million SEK, indicating a positive trend towards lower emissions relative to revenue. For 2020, Svca disclosed Scope 2 emissions amounting to 5,642,000 kg CO2e, highlighting their indirect emissions from purchased electricity, steam, heating, and cooling. However, there is no available data for Scope 1 and Scope 3 emissions. Svca has set a long-term goal to achieve carbon neutrality across EU states by 2050, with initiatives starting in 2023. This commitment underscores their dedication to addressing climate change and aligns with broader industry efforts to reduce carbon footprints. The emissions data is not cascaded from any parent organization, and all figures are derived directly from Svca's reporting.
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| 2020 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 5,642,000 |
| Scope 3 | - |
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.
Svca 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.
